Ethereum’s Record Transactions Raise Questions About Potential August Breakout and Price Discovery

Key Points

1. Ethereum’s daily transactions hit a record 1.74 million on August 5, 2025, exceeding the peak of the 2021 bull run.

2. ETH’s price rebounded 8% this week, challenging the typical bearish trend observed in August.

3. Institutional holdings of Ethereum surged 127.7% in July, with over 2.7 million ETH held, indicating strong market confidence.

4. July recorded the highest monthly transaction count ever at 46.67 million, with active addresses rising to 683,520.

5. Ethereum’s current performance in 2025 is diverging from historical trends, with a potential bullish continuation in August.