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Ethereum Daily Transactions Reach New High of 1.74 Million Amidst Growing DeFi and Institutional Interest

2025-08-09 08:29:31

Ethereum Daily Transactions Reach New High of 1.74 Million Amidst Growing DeFi and Institutional Interest

Main Idea

Ethereum's daily transactions reached a record high of 1.74 million on August 5, 2025, driven by increased DeFi activity, ETH staking, and institutional interest.

Key Points

1. Ethereum's daily transaction volume surged to an all-time high of 1.74 million on August 5, 2025.

2. The surge was driven by increased DeFi activity, ETH staking, and substantial institutional participation.

3. ETH's price surged 163% since April, nearing $4,000, influenced by regulatory shifts and market dynamics.

4. Key protocol upgrades such as EIP-4844 and the Dencun update supported this growth by scaling Ethereum’s network.

5. The record transaction volume signifies robust growth in Ethereum's ecosystem, fueled by DeFi, staking, and institutional interest.

Description

Ethereum’s daily transactions reached a record high of 1.74 million on August 5, 2025, driven by increased DeFi activity and institutional interest. Daily Ethereum transactions exceeded 1.74 million, a new

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