Ethereum News Today: Ethereum hits 1.88M daily transactions in August 2025 driven by stablecoin and DeFi growth

Ethereum has reached a one-year high in daily transactions, recording between 1.74 and 1.88 million transactions per day in August 2025. The surge is attributed to a rise in stablecoin transfers and renewed institutional engagement, signaling growing utility in decentralized finance (DeFi) and Layer 2 networks [1]. This marks a 50% increase in daily transactions since the beginning of the year [2].

The spike in transaction volume reflects Ethereum’s expanding role in the blockchain ecosystem, with monthly on-chain activity reaching $238 billion in July 2025—the highest level since late 2021 [3]. This growth coincides with clearer regulatory guidance on staking, which has boosted institutional participation and retail interest [4]. However, despite the rise in on-chain usage, Ethereum ETFs have seen outflows exceeding $465 million recently, highlighting a potential cooling in institutional demand [5].

Several factors have contributed to Ethereum’s elevated activity. Decentralized exchanges like Uniswap and stablecoin platforms including Tether and Circle have driven increased user participation in on-chain transactions. These trends are supported by recent protocol upgrades, such as EIP-4844 and the Dencun upgrade, which have enhanced the network’s scalability and efficiency without triggering significant congestion or gas price spikes [6].

Ethereum’s price has also mirrored the network’s performance, rising above $3,600 in late July 2025. Analysts suggest the price could continue upward, potentially approaching $4,000, driven by the maturation of DeFi and the stablecoin ecosystem [7]. Nevertheless, the sustainability of the current transaction surge remains uncertain as competition from other blockchains and evolving investor preferences continue to shape the market [8].

The recent increase in Ethereum’s transaction volume highlights its continued importance in the crypto ecosystem. The interplay between regulatory clarity, protocol development, and market dynamics will likely determine whether Ethereum sustains its leadership or faces increased pressure from more scalable alternatives.

Source:

[1] Yahoo - https://finance.yahoo.com/news/ethereum-transactions-near-time-high-203420585.html

[2] CoinMarketCap - https://coinmarketcap.com/community/articles/689566dba023ec4608e1db32/

[3] Unchained - https://unchainedcrypto.com/ethereum-transaction-volumes-near-4-year-high/

[4] AInvest - https://www.ainvest.com/news/ethereum-news-today-ethereum-transactions-hit-238-billion-monthly-high-sec-staking-clarity-2508/

[5] OKX - https://tr.okx.com/en/learn/ethereum-etf-outflows-institutional-demand

[6] AInvest - https://www.ainvest.com/news/ethereum-news-today-ethereum-surpasses-2021-activity-milestone-defi-drives-growth-2508/

[7] Mitrade - https://www.mitrade.com/au/insights/news/live-news/article-3-1021848-20250808

[8] CoinStats - https://coinstats.app/news/213222db8203138506018f979169cc9819331b95b895cd2e0bafd6c303d03853_Ethereum-Transactions-Near-AllTime-High-Amid-Surging-Stablecoin-Uniswap-Activity