Ethereum Hits Record High in Daily Transactions
- Ethereum ETH -2.65% ’s daily transactions reach 1.87 million, an all-time high.
- Institutional inflows into ETH ETFs boost market engagement.
- Price nears historical high, influenced by network activity surge.
The Ethereum ecosystem’s daily network activity reached an all-time high, recording approximately 1.87 million daily transactions as of October 31, 2025, highlighting increased institutional participation and rising price momentum.
This surge signifies a pivotal moment for Ethereum, potentially driving price changes with major capital inflows into ETH ETFs, underpinning the network’s robust engagement dynamics.
The Ethereum network’s daily activity metric, 30-day moving average (SMA-30), has surged to an unprecedented level. The average transactions per day have climbed to approximately 1.87 million, marking a significant milestone for the ecosystem.
Key market participants include institutional investors who have injected approximately $1.5 billion into Ethereum ETFs recently. This influx has led to substantial outflows from exchanges, indicating a shift toward cold storage and decentralized finance.
The price of Ethereum is experiencing notable momentum, edging closer to its historical peak of $4,800. Current trading levels are around $4,662, evidencing strong investor confidence supported by network activity.
Significant financial movements include the reduction of liquidity on exchanges, as holders move their Ethereum holdings elsewhere, largely driven by increased institutional demand and investment through ETFs.
Ethereum analysts indicate that the increases in network activity mirror past bull cycles where major price actions and market shifts were noted. These trends often result in heightened activity across Ethereum-based DeFi and Layer 2 ecosystems.
Analysts have warned of potential market overheating, a historical pattern where increased activity sometimes leads to brief retracements or market consolidations. However, active addresses and transaction volumes present a mixed yet cautiously optimistic outlook for Ethereum.
“The current position represents a decision point. A breakout above $4,750, accompanied by sustained transaction volume, could propel ETH into a price discovery phase, potentially surpassing its historical peak. Conversely, if sellers defend this level, consolidation or retracement is possible.” — CryptoOnchain, Analyst, CryptoQuant
