{"content":"🚀 Ethereum Shatters Records with 1.7M+ Daily Transactions — Network On Fire! Ethereum's daily transactions increased following a week of market uncertainty. The increase in daily transactions has garnered notice, although it has been a while since they were this high. The rise has raised Ethereum's daily transactions to their greatest level in 16 months, indicating a comeback to the blockchain that looked abandoned. Nansen, an on-chain data gathering service, reports that Ethereum daily transaction count has increased by approximately 50% in recent days. The week began with 1.2 million transactions on Monday. By Wednesday, this number was rising swiftly to new annual highs. The Ethereum price soared past $2,400, increasing blockchain participation and daily transactions to 1.729 million. This fast rise has hit 2025's greatest level and was the first time daily transactions have exceeded 1.7 million since January 2024. The same time period saw an unexpected rise in daily active addresses, which jumped over 50%. Active addresses increased from 345,406 to 593,637 in four days. The Ethereum price has risen, therefore the surge in on-chain participation is likely investors purchasing rather than selling. If this pattern continues, Ethereum may rise further. Ethereum on-chain sale volume has increased relative to purchase volume, despite increased participation. According to Nansen statistics, $78.15 million of the $168.37 million on-chain purchase volume in 24 hours went to buyers and $90 million to sellers. Also, sellers dominate in individual Ethereum transactions. This period had almost 52,000 purchase transactions with 24,300 buyers. Nearly 74,000 sale transactions occurred, with over 32,000 sellers. Sellers outnumber buyers, which may explain why the price hasn't reached other support levels. #ETH #BinanceAlphaAlert #SaylorBTCPurchase $ETH $BTC $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/28/95f048fbaa9c4e5e810906681b44afae.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}