BlockBeats news, on August 7, according to Etherscan data, the number of daily transactions on the Ethereum network surged to 1.87 million yesterday, close to the historical record of 1.96 million set on January 14, 2024.
Nansen senior research analyst Jake Kenni stated that this surge in transactions was mainly driven by the increase in trading volumes of stablecoins like USDC and Tether, as well as the decentralized exchange Uniswap. DappRadar senior analyst Sara Gherghelas pointed out that the passing of the (GENIUS Act) provided a legal framework for the operation of stablecoins in the U.S., enhancing market confidence.
