Ethereum on-chain activity spikes to all-time high
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Key points of the Ethereum News record its highest levels of monthly and weekly transactions, with 72.83 million transactions in April and almost 22 million in a single week. The growth in Tokenized Real World Assets (RWA) and the adoption of stablecoins supports the use of the network, with $21.61 billion in RWA transfers. Despite a daily drop of -1.56%, ETH remains close to $2,345, reflecting sustained demand and lower supply in exchanges. Eth…
Ethereum on-chain activity spikes to all-time high
The Ethereum (ETH) network has seen a surge in on-chain activity recently, with monthly confirmed transactions skyrocketing to an all-time high (ATH). Last week, the Ethereum network recorded nearly 22 million transactions, according to data from BlackWorks analyzed by Finbold on May 6. As such, the blockchain registered its weekly transaction ATH, signaling renewed organic demand for the leading smart contract ecosystem. Ethereum weekly transac…
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