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Ethereum: Transaction Activity Rises, Vitalik Buterin Proposes New Identity Model

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by Giorgi Kostiuk

a day ago


The Ethereum network is showing steady growth in transaction volume and is implementing innovations in the field of digital identity. In recent months, both user numbers and interaction volumes with the platform have increased.

Growth of Ethereum Network Activity

Since March 2025, Ethereum has maintained over 1.2 million daily transactions, indicating a strong user engagement. Despite significant price fluctuations ranging from $1,750 to $3,250, network usage has not only remained stable but has also increased. In June 2025, transaction volumes exceeded 1.5 million per day.

Vitalik Buterin's Proposal on Digital Identity

Ethereum co-founder Vitalik Buterin proposed a new digital identity model to safeguard user rights. In a recent blog post, he introduced the idea of pluralistic identity as a response to growing concerns about centralized identity systems. Buterin pointed out that having a rigid single-identity system may undermine levels of privacy.

Changes in Fees and Exchange Trends for Ethereum

According to new data, fees on the Ethereum network rose by 130.4% in the last week, attributed to growing popularity of smart contracts and institutional activity in decentralized finance (DeFi). Additionally, the negative netflows of ETH from centralized exchanges amounted to $293 million, indicating that users withdrew funds due to market fluctuations.

Ethereum's metrics demonstrate sustainable growth even amid market instability. Initiatives to enhance digital identity proposed by Vitalik Buterin may lead to safer and more flexible systems for users.

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