Ethereum Activity Soars with Vitalik Buterin Back on Billionaire Status

Ethereum activity experienced a surge in July 2025, hitting an all-time high of $238 billion in transaction volume. This increase was fueled by Vitalik Buterin’s resurgence to onchain billionaire status, following his portfolio exceeding $1 Billion with the price of ETH reaching above $4,300. This surge is attributed to a combination of expanding DeFi applications, increasing institutional investment, and inflows into Ethereum Spot ETFs.