According to fresh data, the seven-day moving average (7DMA) of Bitcoin transactions has slumped to just 317,000 daily transactions—the weakest level since October 2023, when the network briefly recorded 269,000 transactions per day.
Bitcoin’s 7DMA transaction count hits 19-month low. Source The BlockNotably, this decline comes even as the price of BTC remains close to all-time highs. On June 1, 2025, the network processed just 256,072 transactions, based on YChart statistics.
Daily Bitcoin network transactions, June 2025. Source YChart.Miners Adapt by Accepting Lower Fee Transactions
Amid waning on-chain activity, some mining pools are turning to unconventional strategies—namely, including transactions with fees below the standard minimum relay threshold of 1 sat/vB. For example, a transaction sent by Mempool founder Mononaut with a fee as low as 0.1 sat/vB (roughly $0.01 total) was successfully mined by MARA via the Slipstream low-fee channel.
“This was a lovingly hand-crafted transaction, meticulously cut from the finest hex characters,” Mononaut joked, reflecting the shift in miner incentives and tactics.
Debate Intensifies: Bitcoin Core Developers Oppose Censorship
The situation has reignited a heated discussion on network standards. On June 6, a group of 31 Bitcoin Core developers published an open letter underscoring their position: nodes should not reject transactions with low fees or non-standard formats if miners are willing to process them.
“This isn’t about supporting non-financial data per se—it’s about recognizing that in a censorship-resistant system like Bitcoin, not everyone will agree with every use case,” the letter stated.
The developers also warned that forcing users into private low-fee channels such as Slipstream could undermine the decentralization and openness of the Bitcoin ecosystem.
Community Divided as Critics Push Back
The stance of the Core team has not gone unchallenged. Prominent industry figure and Jan3 founder Samson Mow accused the developers of “gradually transforming the network to accommodate spam” and cautioned that the removal of anti-spam barriers could weaken Bitcoin’s reliability. He summarized: “It’s not fair to just say, ‘Well, this is the way it is now—deal with it.’”
Market Outlook: BTC Holds Above $106,000 as Volatility Looms
Despite a slump in transaction counts, the BTC price remains strong, hovering near $106,153 according to the latest TradingView data. Analysts warn, however, that the current price range is “fragile” and highly sensitive to breaking news.
BTC/USDT daily chart signals cautious optimism. Source TradingView.