Record ⚠️ #ETH

The boom of stablecoins has caused Ethereum to reach its highest transaction volume since 2021.

The success of stablecoins has become one of the major factors that led Ethereum (ETH) to appreciate again. Daily transactions on Ethereum reached a new historical record of 1.74 million on Tuesday (5). It was the highest value since the 1.65 million established on May 12, 2021.

In addition, the month of July also recorded the highest monthly number of transactions in the network's history, with a total of 46.67 million transactions. The number of active addresses on Ethereum also rose to 683,520 on August 5. And just like daily transactions, this number also surpassed the historical record of 743,730 on May 12, 2021.