According to BlockBeats, on August 7, data from The Block shows that Ethereum's daily trading volume (7-day moving average) reached a historic high of 1.74 million transactions on August 5, exceeding the previous record of 1.65 million transactions set on May 12, 2021.

July also set a record for the largest monthly trading volume in Ethereum's network history, with a total of 46.67 million transactions.

Additionally, on August 5, the number of active Ethereum addresses surged to 683,520, approaching the historic high of 743,730 on May 12, 2021.