1 Million Daily Transactions Reached in Ethereum

For the first time since May 2018 the daily transactions registered on the Ethereum (ETH) network exceeded one million in June 28 according to leading Ethereum block explorer Etherscan.

It was reported that at that date the number of transactions that were confirmed in the Ethereum blockchain reached 1 million

However the current level is still notably lower than the daily transactions of January of last year when it peaked at 1,349.890.

It was also revealed that the on-chain transaction value of Ethereum hit a monthly transaction high in December 2018 which saw 115 million transactions confirmed on-chain, an all-time time high which is only surpassed during the activities after the ETH DAO Hack of 2016.

It seems that the Ethereum network has finally woken up after several months of slumber and beginning to see a resurgence of dApps transaction on its network.

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