Ethereum Daily Transactions Hit New High
Activity on the network is in full swing following the recent gas limit upgrade.
Ethereum’s on-chain traffic just hit its highest daily transaction count ever, surpassing the previous May 2021 high, The Block reports.
What’s the Scoop?
- New Daily Record:
Ethereum clocked in at around 1.51 million transactions per day when measured on a 7-day moving average. - What’s Driving It: The record high comes weeks after Ethereum raised its gas limit to 45 million gas, a move designed to increase transaction throughput
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