<ul data-eligibleForWebStory="true"><li>Ethereum's daily transactions have surged, reaching the highest level since January 2024, with a spike to 1.729 million transactions.</li><li>The increase in daily transactions coincided with Ethereum's price rise above $2,400, indicating higher blockchain participation driven by investor activity.</li><li>Daily active addresses also saw a significant increase, rising from 345,406 to 593,637 in four days, further supporting the uptrend in on-chain activity.</li><li>However, a rise in on-chain sell volume compared to buy volume may dampen price recovery efforts, with sellers currently outnumbering buyers.</li></ul>

Ethereum Daily Transactions Just Hit Its Highest Level Since January 2024, Will Price Follow?

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