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Ethereum Network Sets New Daily Transaction Record of 1.74 Million on August 5, July Sees Historic Monthly Transaction Volume

Summary: According to The Block, Ethereum's daily transaction volume (7-day moving average) reached a historic high of 1.74 million on August 5, surpassing the previous record of 1.65 million set on May 12, 2021. July also saw the highest monthly transaction volume in Ethereum network history, with a total of 46.67 million transactions. Furthermore, on August ...

According to The Block, Ethereum's daily transaction volume (7-day moving average) reached a historic high of 1.74 million on August 5, surpassing the previous record of 1.65 million set on May 12, 2021.

July also saw the highest monthly transaction volume in Ethereum network history, with a total of 46.67 million transactions.

Furthermore, on August 5, the number of active Ethereum addresses surged to 683,520, approaching the historical high of 743,730 on May 12, 2021.

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