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Ethereum Network Activity Surges As Daily Transactions Reach 12-Month Peak — Details
Ethereum has reached a new milestone with 1.8 million daily transactions, marking a one-year high in network activity. This surge reflects increased utility and the effectiveness of Ethereum's scaling strategies. Thirty percent of the ETH supply is now staked, indicating strong long-term holder conviction. The SEC's guidance on liquid staking is seen as a positive step towards ETH ETFs with staking. Bitcoin's market dominance has decreased as capital flows into Ethereum and other assets. Institutional confidence in Ethereum is deepening, evidenced by significant Wall Street capital entering Ethereum Spot ETFs. Major financial players are increasingly viewing ETH as a strategic asset. Goldman Sachs leads with substantial ETH holdings, alongside other major hedge funds and asset managers. These firms are accumulating ETH for long-term strategic investment. This broad institutional embrace solidifies Ethereum's position as a foundational crypto asset.
