PANews reported on February 15 that according to The block, the 7-day moving average of Bitcoin network transactions has dropped to 330,000, hovering near a 12-month low, a significant drop from the peak of 730,000 transactions in the early history of the network. This means that network activity has dropped by about 55% from peak levels, indicating a significant change in the way the Bitcoin network is used. Last month, transaction fees stabilized at around $500,000, lower than the higher levels during periods of increased network activity before the end of 2024.