Stellar transaction fees reach $0.00012 as network hits 12 million daily transactions

Stellar (XLM) recorded its lowest average transaction fee in a week on October 11, coinciding with the highest level of network activity seen during that period, according to data from blockchain analytics provider Chainspect. The average transaction fee on Stellar dropped to just $0.00012 on October 11, a level so minimal it is nearly negligible compared to standard fee structures in other blockchain networks. Chainspect emphasized the efficiency in a report on X, noting that this fee is a fraction of a cent, underlining the platform’s capacity to process high transaction volumes at a minimal cost.

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