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Ethereum On-Chain Transaction Volume in August Exceeds $325 Billion, Reaching Highest Level Since May 2021

By: theblockbeats.news|2025/08/29 11:01:46

BlockBeats News, August 29th, according to The Block, in August, the monthly on-chain transaction volume of the Ethereum network exceeded 320 billion US dollars, setting a new all-time high since May 2021 and the third-highest monthly transfer volume on record.

This transaction volume measures the economic throughput on the Ethereum blockchain, including transfers, DeFi interactions, and other transactions.

The luxury fashion brand GUCCI has started accepting cryptocurrency payments such as ETH and DOGE at some of its stores in the United States.

The crypto gaming startup PlaysOut is considering raising $15 million in funding at a $150 million valuation.