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Ethereum On-Chain Activity Hits Third Highest in History

  • Ethereum experienced its third-highest daily transaction count in history on June 25, with 1.75 million transactions.
  • Long-term users continue staking and accumulating Ethereum, while Layer 2 networks assist in processing significant daily traffic.
  • The surge in Ethereum transactions is attributed to various activities like ETH transfers, smart contract executions, DeFi interactions, and DApp usage.
  • Despite Ethereum's price volatility, the network's robust activity, staking confidence, and engagement with Layer 2 networks hint at continued strength and potential future surges.

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