Ethereum transaction volumes at 17-month high; surpasses 1 million daily transactions
June 30, 2019, 3:59PM EDT
1 min read
Ethereum transactions are at their highest in over a year, surpassing 1 million transactions per day on Friday according to Etherscan.io. Ethereum's daily transaction volumes have been steadily increasing since the start of this year, although it is still shy of its peak of 1.3 million January 2018.
Ethereum had a breakout year in 2021. It’s native asset, ETH’s, market capitalization surpassed $500 billion for the first time. Its network facilitated upwards of $7 trillion value transfer. Non-fungible tokens (NFTs) emerged as another “killer application” that have put its technology on the global stage and caught the attention of the masses.