In Q1 2026, Ethereum's base layer transaction volume reached a historic high, surpassing 200 million for the first time
According to CoinDesk, Ethereum processed 200.4 million base layer transactions in the first quarter of 2026, setting a new historical high and becoming the first quarter to surpass 200 million transactions.
Data shows that this metric has continued to recover since its low of about 90 million transactions in 2023, with Q1 2026 growing 43% compared to 145 million transactions in Q4 2025. The report points out that this round of growth is mainly driven by Layer 2 network settlements and bridging activities, as well as an increase in stablecoin usage; currently, the supply of stablecoins on the Ethereum chain has reached $180 billion, accounting for about 60% of the global stablecoin market. However, the price of ETH has still fallen over 50% from its high of nearly $5,000 in August 2025.
You may also like
$10,000 in TRUMP Token vs. $10,000 in Nasdaq: The "Trump Trade" That Actually Worked in 2026
Morning Report | Vitalik outlines Ethereum's long-term roadmap, Lean Ethereum will become the third major iteration; SK Hynix seeks to attract more AI investors by listing in the U.S
The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition
Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy
Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness
Strategy Founder: The Next 10 Years of Bitcoin
Forbes Special Report: Stablecoin cross-border payments are faster now, but not cheaper yet
A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?
340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by
Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play
Cape Verde 2-3 Argentina: The Underdog Team That Stunned the World in Defeat
Cape Verde's run ended in a 3-2 defeat to Argentina, but their journey — three unbeaten draws, one heroic goalkeeper, and a fight that pushed the defending champions to the brink — is the kind of story markets recognize too: small caps can rattle blue chips long before anyone expects it.
Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip
Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed
Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions
A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI
When American giants collectively "defect" from Chinese AI models
BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"
Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected
Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.
