The Bitcoin network has recorded its lowest activity in the last 19 months: the average weekly transaction volume (7DMA) is approximately 317,000 operations per day. This level is the lowest since October 2023, when the number of transactions dropped to 269,000 per day.
This is reported by Business • Media
Miners Seek New Opportunities Amid Declining Activity
Despite Bitcoin’s price remaining near historical highs, the overall level of activity in the blockchain has significantly decreased. Specifically, on June 1, 2025, only 256,072 transactions were conducted, marking one of the lowest figures during this period.
In light of the decline in transactions, some miners are adapting by accepting transactions with fees below the standard threshold of 1 sat/vB — the minimum acceptable level for relaying in Bitcoin Core. One such case was described by Mempool Mononaut, whose transaction with a fee of 0.1 sat/vB (worth about $0.01) was successfully processed by the miner MARA, operating through the Slipstream channel.
“This was an individually crafted, lovingly engraved transaction, cut from the finest hexadecimal characters,” Mononaut wrote.
Discussions on Decentralization and Relay Policy
On June 6, 31 Bitcoin Core developers published an open letter urging not to restrict the relaying of transactions with low fees or non-standard structures if miners are willing to process them. The document emphasizes the importance of maintaining the openness of the network to ensure resilience against censorship.
“This is not about supporting non-financial data, but about accepting that as a censorship-resistant system, Bitcoin will be used for purposes that not everyone agrees with,” the letter states.
Developers warn that the widespread use of private channels like Slipstream could potentially weaken the decentralization of the ecosystem. At the same time, debates have erupted within the Bitcoin community: some participants, including Jan3 founder Samson Mow, criticized this stance, considering it too lenient regarding spam and network abuse.
As of the time of preparing this material, the price of Bitcoin stands at $106,153. Market analysts warn that the current price range is unstable and sensitive to news developments.