Ethereum News Today: Ethereum hits record 1.74 million daily transactions as staking surge drives 163% price rally

Ethereum’s network activity reached a record high in early August 2025, with daily transactions surging past 1.74 million, surpassing the previous high of 1.65 million set in May 2021 [1]. This marks a significant milestone in the platform’s growth and indicates heightened engagement from both retail and institutional participants. The 7-day average transaction count on August 5 reflects robust usage of the network across decentralized finance (DeFi), NFTs, and other blockchain-based applications [2].

July 2025 saw even more impressive growth, with Ethereum processing a total of 46.67 million transactions over the month — the highest monthly count in the network’s history [3]. The rise in transaction volume is attributed to factors such as new Layer 2 solutions, reduced transaction fees, and increased DeFi activity. These developments have helped maintain strong demand for Ethereum despite ongoing volatility in the broader crypto market [4].

Alongside rising transaction numbers, Ethereum’s active address count has also climbed steadily. On August 5, the network recorded 683,000 active addresses, nearing the all-time high seen in 2021. This metric measures the number of unique wallet addresses interacting with the Ethereum blockchain, offering a clear indicator of the platform’s expanding user base and network engagement [5].

The surge in Ethereum activity is closely linked to the growth of staked ether (ETH). Over 36 million ETH tokens — nearly 30% of the total supply — are currently staked on the network. This increase in staking is supported by recent regulatory clarity from the U.S. Securities and Exchange Commission (SEC), which stated that certain staking activities and staking receipt tokens do not constitute securities under the 1933 Securities Act, provided specific conditions are met [6]. This has reduced legal uncertainty and increased institutional confidence in staking products.

The regulatory environment has played a key role in driving broader adoption of Ethereum as a financial asset. Public companies designated as “crypto treasury companies” have significantly increased their ETH holdings, with total corporate Ethereum assets reaching $11.77 billion. These firms are either purchasing ETH directly or acquiring it through investment vehicles [7]. Ethereum co-founder Vitalik Buterin has endorsed the value of holding ETH as a treasury asset but has also warned against excessive leverage in such strategies, highlighting the risks of overleveraged positions leading to forced liquidations and deeper market corrections.

The increase in staking and treasury accumulation has also contributed to ETH’s strong price performance. Since April 2025, ETH has rallied 163%, rising from a low of $1,470 to trade near $3,909. This has narrowed the gap with Bitcoin and Solana in terms of percentage gains. Staking activity has accelerated in recent months, with over 500,000 ETH staked in the first half of June alone, valued at around $1.8 billion [8]. This trend indicates growing confidence in Ethereum as a long-term asset and continued reduction in liquid supply.

Ethereum’s record transaction volumes and staking growth reflect a broader transformation in the digital asset landscape. As the network’s role expands beyond decentralized applications and smart contracts into institutional finance and corporate treasuries, the platform is demonstrating its evolving significance in the global financial ecosystem.

[1] Source: Yellow.com, https://yellow.com/news/ethereum-transactions-reach-record-174-million-as-staking-surge-drives-163-price-rally

[2] Source: CoinMarketCap, https://coinmarketcap.com/community/articles/689719bdd34562625b5b4df0/

[3] Source: Phemex, https://phemex.com/news/article/ethereum-reaches-record-174-million-daily-transactions_14549