Ethereum Hit 1 million Daily Transactions since May 2018By Jul 01, 2019 1 Min Read
As reported by leading Ethereum block explorer Etherscan, Ethereum hit over 1mn daily transactions on 28 June, the first time since May 2018 (see Exhibit 1).
Exhibit 1: Daily Transactions of Ethereum
There were 1,004,170 transactions confirmed on the Ethereum blockchain on 28 June, yet it is still lower than the peak on 4 Jan 2018 of 1,349,890 daily transactions.
The on-chain transaction value of Ethereum hit a monthly transaction high of 115mn in December 2018. This is second to the all-time high transaction value following a hard fork caused by the DAO hack in 2016.
For the unique address growth of Ethereum, it has hit 69.06 mn as of 30 June, a 27% increase compared to beginning of 2019. (see Exhibit 2).
Exhibit 2: Ethereum Unique Address Growth
Thumbnail image credit: Shutterstock