Ethereum network activity has surged to unprecedented heights, with daily transactions hitting a new all-time high of 1.74 million on August 5th.
This figure eclipses the peak transactional volume witnessed during the previous bull run in 2021.
Supporting the elevated on-chain activity, Ethereum’s price concurrently staged an 8% rebound within the week, challenging the typically bearish sentiment historically associated with the month of August.
Institutional confidence appears resurgent, evidenced by a significant 127.7% surge in holdings during July, bringing the total Ethereum held by institutions to over 2.7 million ETH.
July itself set a remarkable precedent as the network recorded its highest-ever monthly transaction count, processing 46.67 million transactions, while active addresses concurrently climbed to 683,520.
This confluence of robust metrics – record-breaking daily and monthly throughput, rising active addresses, surging institutional accumulation, and recent price strength – suggests Ethereum’s current market trajectory in August 2025 is diverging markedly from historical seasonal trends, potentially paving the way for a bullish continuation.