Data: Ethereum Daily Transactions Reach 1.87 Million, Nearing All-Time High
According to Jinse Finance, Etherscan data shows that Ethereum's daily transaction volume has reached 1.87 million, approaching the all-time high of 1.96 million set in January 2024. Jake Kenni, Senior Research Analyst at Nansen, stated that this surge in transaction volume is mainly driven by stablecoins such as USDC and Tether, as well as increased activity on the decentralized exchange Uniswap. Sara Gherghelas, Senior Analyst and Researcher at DappRadar, noted that this growth is related to several regulatory developments, including the passage of the US stablecoin regulatory framework GENIUS Act and the approval of multiple Ethereum ETFs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum's net supply increased by 18,469 in the past 7 days
Swiss crypto bank Amina Bank completes DLT settlement test via Google Cloud
Data: Machi increases Ethereum long positions to $28.6 millions, with an entry price of $2,981.59
Nasdaq: Approval of its tokenized stock program by the SEC is now a top priority
