Ethereum Nears All-Time High as Transactions Hit Record Level

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August 2025 — Ethereum’s network activity is surging, with daily transactions hitting a record 1.875 million. The spike in on-chain usage comes as ETH’s price approaches its all-time high of $4,878, last set in November 2021. Analysts note that rising transaction volumes often signal heightened demand for network resources, potentially reinforcing bullish momentum in the market.