According to Mars Finance, on August 29, The Block reported that the monthly on-chain transaction volume of the Ethereum network exceeded $320 billion in August, setting the highest record since May 2021 and becoming the third highest monthly transfer volume on record. This transaction volume measures the economic throughput on the Ethereum blockchain, including transfers, DeFi interactions, and other transactions.
Ethereum On-chain Transaction Volume Exceeds $325 Billion in August, Reaching Highest Level Since May 2021
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