Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Ethereum hits record user and transaction highs despite price drop below $1,700.

Protocol Fundamentals
18 Jun 2026
Benzinga
View Source
Neutral
pluang ai news

Ethereum's network saw all-time highs in users, transactions, and throughput in Q1 2026, with an 8.1% increase in ETH holder addresses from the previous quarter. This growth occurred even as Ethereum's price fell about 20% to below $1,700 and its market capitalization dropped 30.3% to $290 billion. The ecosystem's total value locked also declined by 11%, and trading volumes and fees decreased. Despite these financial declines, Ethereum remains the leading blockchain for tokenized assets and on-chain finance, generating $2 billion in fees and maintaining dominance in lending markets with platforms like Aave. Key upgrades and institutional interest continue to support its ecosystem.

More News (ETH)

Bitcoin and major cryptos slide as Fed signals hawkish stance; $64,000 key support for BTC rebound.

Bitcoin and major cryptos slide as Fed signals hawkish stance; $64,000 key support for BTC rebound.

Leading cryptocurrencies including Bitcoin, Ethereum, XRP, and Dogecoin fell amid a hawkish shift in the Federal Reserve's policy. Bitcoin dropped to the low $62,000s, with long liquidations surging and market sentiment showing 'Extreme Fear.' Despit...

Market News
Neutral
5 hours ago
Binance sees $594M net USDT outflow in 24 hours, signaling major stablecoin movement.

Binance sees $594M net USDT outflow in 24 hours, signaling major stablecoin movement.

Binance, the largest crypto exchange, recorded a net outflow of $594 million USDT in 24 hours, meaning more stablecoins left the platform than entered. This movement may indicate traders shifting funds to other platforms, DeFi protocols, or wallets, ...

Market News
Bearish
9 hours ago
Bitcoin drops to $63,000 as new Fed Chair Warsh's hawkish stance boosts USD and pressures crypto markets.

Bitcoin drops to $63,000 as new Fed Chair Warsh's hawkish stance boosts USD and pressures crypto markets.

Bitcoin fell to $63,000 following a hawkish Federal Reserve stance under new Chair Kevin Warsh, which strengthened the U.S. dollar and pressured risk assets including cryptocurrencies. Over $558 million in crypto positions were liquidated in 24 hours...

Market News
Bearish
10 hours ago
Cryptocurrency prices mostly decline with Bitcoin near $63,000 amid market volatility.

Cryptocurrency prices mostly decline with Bitcoin near $63,000 amid market volatility.

Most major cryptocurrencies, including Bitcoin and Ethereum, experienced price declines, with Bitcoin trading near $63,000 and Ethereum around $1,712. The market shows volatility with several altcoins also dropping, while a few tokens like LAB and VE...

Market News
Bearish
10 hours ago
BitMine raises ETH holdings near $10B amid ongoing bear market accumulation

BitMine raises ETH holdings near $10B amid ongoing bear market accumulation

BitMine has increased its Ethereum (ETH) holdings to nearly $10 billion as part of its strategy to accumulate assets during the bear market. This move reflects confidence in Ethereum's long-term potential despite current market downturns. The accumul...

Market News
Bullish
11 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App