Ethereum monthly transactions surpass 70M for new all-time high

Ethereum's monthly transaction count has surpassed 70 million to reach an all-time high, OKX Ventures reported. Citing data from Token Terminal, the firm noted that while transaction volume hit a record, the median transaction fee fell to an all-time low of $0.00554. This suggests Ethereum is evolving into a more efficient and lower-cost network, OKX Ventures explained. The firm added that scalability is becoming a reality through Layer 2 solutions and modular architecture, which is driving an increase in on-chain use cases like stablecoins, blockchain games, and real-world assets (RWA). The competition among public blockchains is now entering a phase centered on user experience rather than a simple race for transactions per second (TPS), with a new on-chain economy led by Ethereum beginning to form. OKX Ventures emphasized that the truly important signal is the sustained growth of actual on-chain usage, not just market price movements.