Recent data shows that the Ethereum network is experiencing intense activity. On June 25th, the network peaked at 1.75 million every day, approaching its historic maximum. Today, daily transactions remain stable at around 1.5 million people, indicating renewed interest in users through Ethereum. This level of activity has not been observed in a sustained manner since May 10, 2021.
The network registered a quarantined peak on December 9, 2022 and January 14, 2024, reaching a historic record of 2 million transactions daily, but these events were inconsistent and dropped significantly to the level of 12 million transactions per day from 1.4 million transactions the following day.
In summary, The current volume of transactions reflects a more robust and persistent trendsuggests the growth of dynamism in the Ethereum network.
This increase in activity in the network is equipped with positive data from Ethereum. As reported by Cryptootics. On June 1st, the accumulation wallet added 16.7 million ETH. However, the end of the monththis number grew by 6 million coinsan increase of 35.9% in just 30 days.
At the same time, social networks such as X have positive predictions about the price of ether.
Why is there an increase in activity at Ethereum?
With new regulations on US cryptocurrency, a wave of interest in Defi is coming from traditional institutional actors and investors, both towards Solana and Ethereum. This is driven by the new Real-World Asset Token Project (RWA). Offers in Ethereum Synthetic Derivatives in the Stock Market Share Market. This example is Robinhood Chain. It develops a network provided by the European Exchange, among other products.
This fact is inserted into the context in which “leave the on-chain” and building on Ethereum begins to become a corporate strategy. There are already some examples, both inside and outside the cryptocurrency industry.
The first case example is Sony, with its Ethereum Sonaim L2 network. We launched Coinbase, which launched the L2 base in 2023, or Kraken, with a second layer ink chain. Or Black Rock, Your investment fund and BlackRock USD Institutional Digital Ryquitidity Fund (Buidl) It works with Ethereum and reaches Arbitrum and other appropriate networks.
loss Influx (money coming in) and Ethereum’s market capitalization have also increased significantly. This suggests that users are preparing to return to Ethereum to lock their wallets in place and make network movements in the near future.