Ethereum's monthly transaction volume reaches a historical high of 70 million

El Salvador increased its holdings of 8 bitcoins last week, with a total holding of 7661.37, valued at over $588 million. （Cointelegraph）

The price of HYPE briefly broke through $63, and the HYPE 5-fold long position held at address 0x082 had a floating profit of over $333 million; Loracle (@ loraclexyz)'s HYPE 5-fold short position has a floating loss of over $314 million. （Onchain Lens）

According to on chain analyst Yu Jin's analysis, WLFI has invested over $115 million (in the form of WLFI) within four months to promote the expansion of the USD1 market, including USD1 interest rate subsidies from CEX such as Binance and Bybit, activity subsidies on Aster, and interest rate subsidies from on chain lending platforms such as Dolomite. As a result, the size of USD1 increased by 50% (from $3.137 billion to $4.76 billion), and the ranking of USD stablecoins rose from 7th to 4th, surpassing USDe and PYUSD, only behind USDT, USDC, and DAI.

According to Token Terminal data, the trading volume of Ethereum L1 has reached a historical high, and on chain transaction fees have dropped to the lowest level in history. Glamsterdam's upgrade has reduced transaction fees by about 78%. 32.4% of ETH has been pledged, reaching a historic high.

According to Token Terminal data, the monthly transaction volume of Ethereum exceeded 70 million, setting a new historical high, and the median transaction fee was about 0.00554 US dollars, reaching a new historical low.