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Ethereum hits all-time high in monthly transactions, signaling strong demand and price rebound.

Protocol Fundamentals
06 May 2026
Finbold
View Source
Bullish
pluang ai news

Ethereum's network activity surged to a record 72.83 million monthly transactions in April, driven by growing institutional interest in smart contracts, real-world asset tokenization, and stablecoins. Weekly transactions also hit an all-time high with nearly 22 million recorded last week. This increased on-chain activity has boosted bullish sentiment and contributed to a nearly 10% rise in ETH price over the past month, currently trading around $2,348. Continued growth in transactions may further support Ethereum's price recovery and market capitalization, now at $283.6 billion.

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