The number of transactions on the Ethereum network surged to 1.87 million yesterday, nearing its historical peak.
According to data from @etherscan, the daily transaction count on the Ethereum network reached 1.87 million yesterday, close to the record high of 1.96 million set on January 14, 2024.
Jake Kenni, a senior research analyst at Nansen, stated that this surge in transactions was primarily driven by the increase in trading volumes of stablecoins like USDC and Tether, as well as the decentralized exchange Uniswap. Sara Gherghelas, a senior analyst at DappRadar, pointed out that the passage of the "GENIUS Act" provides a legal framework for the operation of stablecoins in the U.S., boosting market confidence.
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