Ethereum’s on-chain transaction volume exceeded 320 billion USD in August, the highest level since May 2021

Ethereum’s on-chain transaction volume exceeded 320 billion USD in August 2025, the highest level since May 2021. This volume reflects various activities on the Ethereum blockchain.

The number of monthly active Ethereum addresses reached its second highest level ever recorded, indicating a surge in network usage.

The accumulation of corporate Ethereum treasury funds has increased substantially, alongside a rise in ETH ETF trading volume and a decrease in transaction fees to multi-year lows.

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