It doesn't mean there are fewer people, it means there are fewer high-priority transactions.

So in other words there are currently less people wanting to transact on the mainchain? 

cristaiji

What are your thoughts on the reasons for low fees?

The explanation is easy: little demand for block space. I know people need to know why, but after many years I've come to the conclusion that there's no point. It's better to keep things simple and focus on what you can control.

bitcoin_beginners

What is going on with fees? Chance to consolidate UTXOs 🧐

> What are your thoughts on the reasons for low fees?

The explanation is easy: little demand for block space. I know people need to know why, but after many years I've come to the conclusion that there's no point. It's better to keep things simple and focus on what you can control.