Ethereum News Today: Ethereum hits record 1.74M daily transactions as staking and corporate adoption surge 127.7% in July

Ethereum’s network activity has reached an all-time high, with daily transactions hitting 1.74 million in early August 2025, surpassing the previous record of 1.65 million set in May 2021 [1][2]. This significant rise is attributed to a resurgence in staking activity and increased corporate adoption of Ethereum holdings, which rose by 127.7% in July alone [1].

Concurrently, Ethereum’s price has surged over 163% since April 2025, peaking at $4,002 in late July [4]. The ETH/BTC exchange rate has also increased by more than 100% over the past four months, signaling growing dominance within the cryptocurrency market [5]. These movements reflect strong demand and a broader shift in investor preference toward Ethereum-based products.

Regulatory developments have further supported this momentum. The U.S. Securities and Exchange Commission’s Division of Corporation Finance recently clarified that certain liquid staking and staking receipt tokens may not be classified as securities under specific conditions [4]. This has helped restore investor confidence and contributed to the surge in on-chain activity.

Institutional participation has also been a key driver. Over the past month, large investors and institutions have accumulated more than 1.035 million ETH, valued at approximately $4.167 billion [6]. This substantial inflow underscores the growing recognition of Ethereum as a core asset in institutional portfolios and highlights increased long-term commitment.

Market observers are now watching for signs of continued upward momentum. Notably, analyst Negentropic on X has predicted a dramatic price move for Ethereum, stating, “the next move is loading and will melt faces” [4]. However, as with all forecasts, actual outcomes will depend on a variety of market and macroeconomic factors.

Ethereum’s recent performance has outpaced many other major cryptocurrencies, with some analysts noting its narrowing gap in year-to-date returns compared to XRP [5]. The network’s all-time high in transaction activity has also coincided with broader market gains, as Bitcoin and Ethereum both posted modest gains amid mixed on-chain signals [7].

Looking ahead, a critical price level to watch is $4,500, which has historically acted as a resistance point [4]. A sustained break above this level could mark the beginning of a new bullish phase for Ethereum, reinforcing its position as a leading digital asset.

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Source:

[1] Ethereum Transactions Near Record Highs Amid Network

https://www.reddit.com/r/CryptoCurrency/comments/1mk6syz/ethereum_transactions_near_record_highs_amid/

[2] ETH Rallies as Network Transactions Reach All-Time High

https://coincentral.com/ethereum-price-prediction-eth-rallies-as-network-transactions-reach-all-time-high/

[3] Ethereum Daily Transactions Hit All-Time High as Little

https://www.crypto-reporter.com/newsfeed/ethereum-daily-transactions-hit-all-time-high-as-little-pepe-lilpepe-completes-stage-9-of-presale-and-launches-777k-giveaway-106345/

[4] Ethereum (ETH) to Melt Faces, Top Analyst Issues

https://u.today/ethereum-eth-to-melt-faces-top-analyst-issues-breathtaking-prediction

[5] ETH is on the rise! Bitcoin has become an ex-boyfriend

https://www.binance.com/square/post/28072865836369

[6] Firms grab 1.03m Ethereum worth $4.17b, price breaks 4k

https://crypto.news/firms-grab-1-03m-ethereum-worth-4-17b-eth-price-4000/

[7] Bitcoin and Ethereum Post Modest Gains Amid Mixed On-

https://www.ainvest.com/news/bitcoin-news-today-bitcoin-ethereum-post-modest-gains-mixed-chain-signals-2508/