Ethereum Network Activity Surges As Daily Transactions Reach 12-Month Peak — Details
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum’s on-chain activity has reached a new milestone and recorded 1.8 million daily transactions. This unprecedented level of network usage showcases the vitality of the world’s leading smart contract platform and also underscores the effectiveness of its multi-layered scaling strategy. What This Milestone Represents In The Context Of A One-Year High
A pivotal shift is underway in the crypto market, and the on-chain data for Ethereum tells the story. As market analyst Onur highlightedon the social media X platform, Ethereum hit a monumental milestone last month with 1.8 million daily transactions. This milestone marks a one-year high, signaling a dramatic increase in genuine network utility. Related Reading Ethereum Network Activity Surges As Daily Transactions Reach 12-Month Peak — Details 2 hours ago
At the same time, a remarkable 30% of the entire ETH supplyis now locked in staking, which shows the conviction of long-term holders has never been stronger, and demonstrates a powerful commitment to hold and earn rather than sell. Instead of rotating out of positions, capital is doubling down on the yield and security framework that Ethereum uniquely provides. ETH active daily transactions on the rise | Source: Chart from Onur on X
This trend is further supported by the Securities and Exchange Commission’s (SEC) guidance on liquid staking. However, this is being widely interpreted as a critical step toward an ETH Exchange-Traded Fund (ETF) with staking built in, and a structuralshift that could change how institutions allocate into ETH.
As these fundamental drivers gain traction, Bitcoin’s marketdominance has noticeably declined from 60% to 57% in August, a subtle but important move that highlights capital rotation into ETH and other assets. Institutional Ethereum Accumulation Signals Long-Term Confidence
While Ethereum is showing strong on-chain activity, rising staking participation, and a supportive regulatory backdrop, it is a clear sign of deepening institutionalconviction that a flood of Wall Street capital is now flowing into Ethereum Spot ETFs. Crypto educator and market analyst CryptoBusy mentionedthat the latest 13F filings reveal a significant and accelerating shift in how major financial players are viewing ETH. Related Reading Ethereum Network Activity Surges As Daily Transactions Reach 12-Month Peak — Details 2 hours ago
Leading the charge is Goldman Sachs, which has established a commanding position with $721 millionin exposure, adding a massive 160,072 ETH to its holdings. This is part of a broad-based institutional embrace. Giants in the quantitative and multi-strategy hedge fund space, including Jane Street, Millennium, Capula, Schonfeld, and D.E. Shaw, are all actively stacking their Ethereum positions.
Furthermore, a wide range of asset managers, such as BlueCrest, Logan Stone, and Elequin HBK, have boosted their holdings, providing further evidence of a systemic shift. These Wall Street firms are locking ETH into balance sheets as a long-term strategic asset, cementing its status as the default crypto backbone. ETH trading at $4,372 on the 1D chart | Source: ETHUSDT on Tradingview.com Featured image from Adobe Stock, chart from Tradingview.com