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Ethereum Q1 Network Use Hits Record as Active Users Jump 53%

Source
JOON HYOUNG LEE

Summary

  • Cointelegraph reported that Ethereum's first-quarter monthly average active users climbed to 13.2 million, surging 53.5%% from the previous quarter to a record high.
  • Cointelegraph reported that first-quarter transaction count on the Ethereum network rose to 200.4 million, up about 38%% from the previous quarter.
  • Ethereum was trading at $1,745 on CoinMarketCap as of 6:44 p.m., down 1.47%% from a day earlier and up 5.27%% from a week earlier.

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Photo: Shutterstock
Photo: Shutterstock

Ethereum's network usage hit a record in the first quarter.

Cointelegraph reported on June 18 that the blockchain's monthly average active users reached 13.2 million in the first quarter. That was up 53.5% from the previous quarter and marked an all-time high.

Transaction volume on the Ethereum network totaled 200.4 million in the first quarter, up about 38% from the previous quarter.

Ethereum was trading at $1,745 as of 6:44 p.m., down 1.47% from a day earlier, according to CoinMarketCap. The token was still up 5.27% from a week earlier.

JOON HYOUNG LEE

JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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