Ethereum, the world’s second-largest blockchain, has reached a new milestone, handling 1.74 million daily transactions due to rising decentralized finance usage and increased institutional investor interest.
Ethereum Sets New Transaction Record
On August 5, 2025, Ethereum recorded 1.74 million daily transactions, surpassing the previous record of 1.65 million from May 2021. July 2025 saw the network process 46.67 million transactions, marking its busiest month ever.
Growing Attention to DeFi and Stablecoins
Analyst Min Jung from Presto Research points out that the increase in daily transactions is largely driven by rising activity in the DeFi sector. Users are employing strategies like point farming and treasury deployments for yield earnings. A significant contributor to this trend is USDe, an Ethereum-based stablecoin, recently exceeding $9 billion in market capitalization.
Institutional Investments in Ethereum
Vincent Liu, Chief Investment Officer at Kronos Research, notes that institutional interest is also influencing Ethereum’s momentum. He emphasizes that efforts to provide clearer regulations for crypto in the U.S. are fostering trust in the market. The total value of ETH held by public companies has now exceeded $7.5 billion.
Ethereum continues to attract attention due to surging on-chain activity and increased institutional interest. Although ETH's price currently does not fully reflect these positive signals, the potential for further growth remains high, especially if staking ETFs are approved.