Data: The number of daily transactions on the Ethereum network reached a record high of 1.87 million

Data shows that the 7-day moving average of transaction counts on the Ethereum network reached 1.87 million on December 31, setting a new historical high. This surpassed the previous record of 1.61 million set during the peak of the NFT and DeFi craze on May 10, 2021, and was also higher than the recent peak of 1.73 million recorded on August 9, 2025.

The number of active addresses on the Ethereum network also reached a phase high at the end of the year, totaling 728,904, the highest level since May 12, 2021. Additionally, the number of new addresses on December 31 reached 270,160, marking the largest single-day increase since early 2018. Nick Ruck, Research Director at LVRG Research, stated that the recent surge in on-chain activity was primarily driven by network upgrades, which significantly reduced transaction fees, improved scalability, and attracted more institutional participation through ETFs and the tokenization of real-world assets (RWA).