The Ethereum Network is passing through a certain moment. Transactions and active addresses are currently in the biggest historical fields. At the same time, the transaction rate is near the registered minimum.
Since the end of March, the volume of daily trading in Ethereum’s major tier has increased. On August 5th, the metric marked a figure of 1.9 million, and therefore at the door to overcoming Maximum count of 2 million businesses as of January 14th, 2024.
As of August 31, the amount of daily work at Ethereum had decreased compared to early August, but it is at 1.6 million people.
next, Active address is also close to maximum.
In the past, the number of daily active accounts used in the range of 3-400,000 from the end of July to the present has been maintained at a record of over 500,000.
July 30th, The amount of active daily addresses was 735,000It exceeded two quarantines on December 9, 2022, with 1.4 million people on September 13, 2023.
These statistics reflect a Bigger Employment of Ethereumcan be viewed in the following device token chart:
Minimum rate despite increased activity
Although Ethereum increases activity on the chain, the rate does not follow the herd and shows a trend that contradicts the trends of previously reviewed metrics.
Ethereum users in the base layer during August They paid a fee of about $40 million for the transaction. This level has been stable since February, except in July, when that month reached nearly $50 million.
Why does commission drop while on-chain activity is rising?
One reason behind the combination of high activity and low rates for Ethereum may be due to changes agreed by network validators.
These actors in recent weeks Gas limit for blocks has been increaseddefines the number of transactions that can be processed by each unit of the chain.
As reported by Cryptonoticias, that limit was around 34 million in February 2025, but has now increased to 45 million.
This extension, which allows blocks to include more operations, was possible thanks to improvements introduced by the Pectra update.
More available space will help reduce crowding during high demand and maintain low rates.
