Ethereum’s network has been on fire this month — not just in price, but in transaction volume. August has already delivered five of the ten busiest days in the network’s history since it launched in 2015.
From early July’s average of 1.38M daily transactions, activity climbed to 1.73M per day by August 7. Since July 29, Ethereum has consistently processed between 1.7M and 1.9M transactions daily. August 5 hit 1,878,031 transfers — now the third busiest day ever — with August 6 close behind at 1,833,756.
These levels rival past peaks in May 2021, December 2022, January 2024, and June 2025. Despite the surge, fees remain low at around $0.02 per transfer, with DEX swaps averaging $0.38 and NFT sales around $0.65.
Block usage sits at about 49.5%, showing there’s still plenty of capacity. Even with occasional fee spikes — like the $6–$8 jump on August 5 during the afternoon rush — costs have stayed manageable.
Ethereum is now handling near-record transaction volumes while keeping gas fees low, signaling a network that’s both busy and efficient.
