Ethereum network transaction volume hits record high in recent years
![Ethereum network transaction volume hits record high in recent years](/content/images/size/w1200/2024/01/ethereum-burn.jpeg)
Ethereum network transaction volume is at its highest level in recent years, according to data from The Block. According to the data dashboard, the seven-day moving average of Ethereum's daily transaction volume rose to 1.3 million from 1.1 million last week. This is the largest since November 2021, when the price of Ethereum topped $4,600. ETH is currently trading up 3.46% at $2,608.81 on Coinmarketcap.