The Ethereum network is getting busy again and not in a small way. Recent data shows that the seven-day average of transactions has crossed 1.3 million. That puts it right back at its previous peak.
🚨DATA: ETHEREUM NETWORK ACTIVITY HITS ALL TIME HIGH
Ethereum transfer activity has surged back to record levels.
The seven day average crossed 1.3 million transactions again. This matches the peak last seen in mid February, according to CryptoQuant.
The spike reflects strong… pic.twitter.com/h4R3bqe68J
— BSCN (@BSCNews) April 10, 2026
While more users are active on the network and more apps are being used daily. Even though the price has stayed calm for now, the real action is happening under the hood. Simply put, Ethereum is being used more than ever.
Network Usage Reaches New Peak
The numbers tell a clear story. Data from CryptoQuant shows Ethereum handling over 1.3 million transactions per day on average. This is not just a one-day spike. It is a steady trend, which matters more. It means people are actually using the network regularly.
Daily active users have also jumped. Reports suggest close to 2 million wallets are interacting with Ethereum each day. That’s a huge number. So, what’s driving this? A big part comes from DeFi and Layer 2 solutions. These platforms let users trade, lend and build apps with lower fees and faster speeds. As they grow, they bring more activity to Ethereum. In short, people are not just holding $ETH, they are using it.
Staking Growth Strengthens the Network
While activity is rising, another trend is quietly building strength, staking. According to Token Terminal, more than 30% of all $ETH is now locked in staking. That adds up to around $85 billion. That’s a big deal. Staking helps secure the network and shows long term confidence from holders. When people lock up their $ETH, they are less likely to sell it quickly.
But there is a flip side. As more $ETH gets staked, rewards go down. Right now, returns are around 3% to 4%. There are also concerns about big players controlling too much stake. If a few platforms hold too much power, it could raise questions about decentralization. Still, overall, the trend shows growing trust in Ethereum.
Strong Fundamentals, Quiet Price
Here’s where it gets interesting. Despite all this growth, the $ETH price has not moved much. It is still hovering near $2,100. This creates a gap between usage and price. The network is booming, but the market has not fully reacted yet.
According to CryptoQuant analysts, this could be a positive sign. If usage stays strong, prices may catch up later. In simple terms, the network is building value behind the scenes. Markets may take time to react, but the foundation is getting stronger.
What It Means Going Forward?
Ethereum’s latest data shows one thing clearly. It is still leading in real usage. More users are joining, more apps are running and more value is being locked into the system. Of course, challenges remain. The network still needs to manage fees, improve speed and keep things decentralized. But for now, the momentum is strong. Usage is rising, confidence is growing and Ethereum continues to move forward one transaction at a time.
