Ethereum News Today: Ethereum Surges to Record 1.74M Daily Transactions in August 2025

Ethereum’s network activity surged to record levels in early August 2025, with over 1.74 million transactions recorded in a single day—surpassing its 2021 peak. This surge, combined with a monthly total of 46.67 million transactions in July, highlights the blockchain’s continued dominance in the smart contract space. Active addresses climbed to 683,520, driven by growing decentralized finance (DeFi) activity and institutional interest. ETF-related inflows pushed corporate Ethereum holdings up 127.7% to over 2.7 million tokens in July [1].

Despite a recent 9% dip in 24-hour trading volume, Ethereum remains a key driver of altcoin momentum. Open interest has stabilized after recent leveraged positions were unwound, and ETH funding rates remain positive, signaling ongoing bullish sentiment among traders. At $3,621, Ethereum trades 22% below its all-time high, with many observers viewing this as a potential entry point before a potential rebound [1].

The growth of Ethereum is spurring capital rotation into top altcoins, with XRP and AVAX emerging as strong contenders. XRP maintained its position as a top-tier altcoin, driven by its utility in cross-border payments and ongoing regulatory developments. Analysts note that favorable regulatory news in 2025 could serve as a major price catalyst for the asset. In Q2, XRP accounted for 13% of consumer transaction revenue on Coinbase—slightly outpacing Ethereum’s 12%, indicating a shift in retail investor preference [4].

Avalanche (AVAX) is also gaining traction, particularly in the DeFi sector. The platform’s low fees and fast transaction speeds have attracted developers and new projects to its expanding subnet ecosystem. Institutional and retail investors are increasingly allocating capital to AVAX as a high-performance alternative to Ethereum [4].

Emerging altcoin MAGACOIN FINANCE is generating early buzz, with analysts projecting a potential 78x surge based on expert forecasts. While speculative, the token’s narrative of strong community growth and tokenomics is resonating with early-stage investors. However, such projections remain theoretical and should not be interpreted as a guarantee of returns [1].

Overall, Ethereum’s record-breaking activity is setting the tone for a more optimistic altcoin market in 2025. XRP’s utility-driven appeal, AVAX’s DeFi expansion, and the speculative rise of new tokens like MAGACOIN FINANCE are creating a diverse landscape of opportunities for investors seeking both stability and high-growth potential [1].

Source:

[1] Ethereum News - Lexacores (https://www.lexacores.com/kategori.php?kategori=ethereum)

[4] Vince Dioquino (https://decrypt.co/author/vincedioquino)