Ethereum Breaks Transaction Record, Hits 1.7 Million Transactions in a Day

Ethereum’s network just set a new record for transaction volume, processing over 1.7 million transactions in a single day. CryptoQuant reports this surge is driven by DeFi activity and growing institutional interest, leading to a price jump past $4,300 and potentially more upside for the asset. Experts say this demonstrates Ethereum’s increasing role in the crypto ecosystem. This news is particularly noteworthy as it shows market confidence in Ethereum continues to grow.