Bitcoin on-chain 7-day average transaction fee rose to 2.40 USD, reaching a new high for 2025.

Golden Finance reports that the average on-chain transaction fee for Bitcoin over the past 7 days has risen to $2.40, an increase of about $1 compared to early May, reaching a new high for the year. Glassnode data shows that the non-liquid supply (long-term held BTC) has reached a historical peak. Analysts indicate that the market cap share of Bitcoin is recovering, suggesting that the previous pullback was a liquidity adjustment rather than the start of an "altcoin season." The continuous decrease in inventory on trading platforms, combined with rising demand, could lead to a more severe supply shortage, further driving up the price of Bitcoin.