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Ethereum Network's Daily Transaction Volume Reaches 1.87 Million, Near Historic Peak

Summary: According to Etherscan data, the Ethereum network's daily transaction volume reached 1.87 million yesterday, nearing the historical peak of 1.96 million set on January 14, 2024. Analysts attribute this surge in transactions to the increased trading volume of stablecoins like USDC, Tether, and decentralized exchange Uniswap. Analysts also note that the passing of the 'GENIUS ...

According to Etherscan data, the Ethereum network's daily transaction volume reached 1.87 million yesterday, nearing the historical peak of 1.96 million set on January 14, 2024. Analysts attribute this surge in transactions to the increased trading volume of stablecoins like USDC, Tether, and decentralized exchange Uniswap. Analysts also note that the passing of the 'GENIUS Act' in the US has provided a legal framework for stablecoin operations, boosting market confidence.

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