đ #Ethereum Just Hit 1.7M Daily #Transactions Whatâs Going On?
đ„ The Big Breakout
Ethereum has smashed through a four-year range, hitting 1.6â1.7 million transactions per day. For years, activity stayed stuck between 900K and 1.2M but now $ETH is rewriting history.
đĄ Why It Matters
This isnât random. The surge is powered by DeFi growth. More users, more protocols, more activity. Ethereum is becoming the heartbeat of decentralized finance, even as some argue itâs getting too central in the DeFi world.
đ ETH Price Connection
Hereâs the interesting part: spikes in Ethereum transactions have historically lined up with price rallies. More people using ETH â more demand â stronger price action. Simple math, right?
As one analyst put it: âMany talk, but few look at the data. Yet, thatâs where the truth lies.â Translation: donât just watch the charts, watch the blockchain itself.
Imagine Ethereumâs blockchain right now:
ETH: âStop sending me so many transactions, Iâm exhausted!â
DeFi: âNah bro, weâre just getting started.â
⥠The Big Question
With activity at record highs, does this mean ETH is gearing up for its next price breakout? Or is this just the network flexing its muscles before another cooldown?
What do you think about this?
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