Ethereum’s decentralized network saw a record-breaking surge in activity, with daily transactions exceeding 1.875 million. This impressive feat has propelled ETH prices near their historical high of $4,750 as institutional investment and market excitement fueled the growth. Experts attribute this surge to expanding DeFi applications and increased activity from institutional players like SharpLink and Vitalik Buterin’s comments on potential overleveraging. 1.875 million daily transactions marked a significant milestone for Ethereum, significantly impacting market sentiment and driving staking activities. The financial implications are evident through the price rally above $4,600 and the surging stETH derivative, with ETFs seeing over $1 billion in inflows reflecting substantial institutional interest.