- Transaction volume peaked near $240 billion in July 2025.
- Influenced by increased institutional participation and network activities.
- Substantial impact on Ethereumโs market position and pricing.
Ethereumโs transaction volume reached nearly $240 billion in July 2025, driven by increased institutional and retail activity. This marks a significant on-chain recovery with transactions totaling 46.67 million and active addresses peaking at 17.55 million.
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Ethereumโs on-chain transaction volume in July 2025 approached $240 billion, signaling a recovery driven by heightened network activity and institutional flows.
Renewed institutional and retail trading interest drove Ethereumโs transaction activity to a four-year high, reflecting changes in market sentiment.
Ethereumโs July transaction volume
Surpassed $238 billion, marking a significant 70% month-over-month increase. This figure is the highest since December 2021. Analysts attribute this surge to increased activity from both institutional and DeFi participants.
Ted Pillows, Crypto Analyst, โ โEthereumโs on-chain USD volume has surged to $10.38 billion, marking its highest level since late 2021. This explosive growth in activity highlights a critical shift in market sentiment and could signal the start of a new chapter for Ethereum and the broader altcoin market.โSource
The significant growth is bolstered by institutional support and robust network activity. Vitalik Buterin remains a key figure, although no new public statements were made specifically regarding the July performance.
Ethereumโs market influence extended to its price, reaching nearly $3,700, the highest in recent years before settling below $3,500. NFT sales on Ethereum also experienced growth, rising by 47.6% in July.
The resurgence has ripple effects across the crypto industry, notably boosting DeFi protocols and increasing Ethereumโs competitive edge. Ethereumโs rising metrics reflect a paradigm shift, with experts noting parallels to previous cycles of significant growth.
Network activity and institutional interest drive positive market potential, reinforcing investor confidence in Ethereum and similar assets. With these trends, Ethereumโs technological advancements could lead to further market shifts and adoption. Future scenarios may see Ethereum fortifying its position alongside innovative developments in the ecosystem.