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Ethereum Network's daily transaction volume hit a record high of 1.74 million on August 5th, with the July cumulative transaction volume also reaching an all-time high.

2025.08.07 17:16:30

On August 7th, based on The Block data, Ethereum's daily transaction volume (with a 7-day moving average) reached a record high of 1.74 million transactions on August 5th. This surpassed the previous record of 1.65 million transactions set on May 12, 2021. July also witnessed the largest monthly transaction volume in the history of the Ethereum network, with a total of 46.67 million transactions. Furthermore, on August 5th, the number of active Ethereum addresses surged to 683,520, approaching the historical high of 743,730 addresses on May 12, 2021. Presto Research analyst Min Jung stated, "Ethereum's daily transaction volume has reached a record high, which reflects the significant increase in DeFi activity, with stablecoins being at the core. The market's growing interest in yield strategies, especially wagers on interest rate cuts, has led to more on-chain transactions, ranging from yield farming to capital deployment."
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