Ethereum’s daily transaction volume has hit a new record high, exceeding 1.87 million as of October 31, 2025. This surge is driven by both institutional investors and network activity. Recent inflows into Ethereum ETFs have increased market engagement, leading to a noticeable shift in investor preferences from centralized exchanges to decentralized platforms. The rise in daily transactions also mirrors historical price peaks where significant investment trends were seen. Analysts believe this could mean a potential breakout above $4,750 and further price growth, or a brief consolidation period. This surge is indicative of the growing maturity of the Ethereum ecosystem.