In August 2025, the total transaction volume on the Ethereum network exceeded $320 billion, marking the highest result since May 2021 and the third-largest figure in the history of the blockchain.
This is reported by Finway
Increased Activity on the Ethereum Network
The dynamics of the Ethereum network show significant growth: the number of unique transactions over the past 30 days reached an all-time high, and the number of active wallets ranked second in the network’s entire history. Additionally, the total value of locked assets (TVL) in the Ethereum ecosystem remains at peak levels.
Influencing Factors and Institutional Demand
Analysts note that several key factors have contributed to the increase in transaction volumes. Firstly, corporate treasuries are actively accumulating Ethereum, indicating growing interest from large investors. Secondly, trading volumes of spot ETFs on Ethereum have significantly increased. It is also worth noting that the average transaction fee on the network has fallen to a minimum in recent years.
According to experts at Standard Chartered, Ethereum remains an undervalued asset. They emphasize that the main drivers continue to be corporate adoption, heightened interest in ETFs, and the strengthening of Ethereum’s position relative to Bitcoin.
“Experts at Standard Chartered stated that Ethereum remains an undervalued asset. They believe the drivers include corporate use of the coin, interest in ETFs, and the strengthening of Ethereum’s position against Bitcoin.”
Currently, the price of Ethereum is hovering around $4400.
Previously, analysts at CryptoQuant stated that Ethereum is becoming more attractive to institutional investors than Bitcoin.