[Ethereum Network Sets Record High for Transactions on December 31]
Data shows that the 7-day moving average of transactions on the Ethereum network reached 1.87 million on December 31, setting a new all-time high. This surpasses the previous record of 1.61 million during the peak of the NFT and DeFi boom on May 10, 2021, and also exceeds the recent high of 1.73 million on August 9, 2025. Meanwhile, the number of active addresses on the Ethereum network reached 728,904 at the end of the year, the highest level since May 12, 2021. On December 31, the number of new addresses reached 270,160, marking the largest single-day increase since early 2018. Nick Ruck, Research Director at LVRG Research, stated that the surge in on-chain activity was primarily driven by network upgrades, which significantly reduced transaction fees and improved scalability.
