Skip to main content

What Is the Relationship between the Mempool Size and the Average Transaction Fee?

The mempool is the waiting area for unconfirmed transactions. When the mempool size increases (meaning there is network congestion and more transactions are waiting), the average transaction fee tends to rise.

This is because miners prioritize transactions with higher fees to maximize their block reward, creating a competitive bidding market among users for block space.

How Does High Mempool Congestion Affect the Average User’s Transaction Experience?
In Options Trading, What Concept Is Analogous to the Competitive Bidding for Block Space in the Mempool?
What Is the Block Size Limit and How Does It Enforce Scarcity in Block Space?
How Do Transaction Fees Change Based on Network Congestion and Block Space?