Ethereum: Blockchain breaks several records in August

Ethereum recorded 48.22 million monthly transactions in August—the highest ever. With a transaction volume of $320 billion on the mainnet, Ethereum experienced its third-strongest month ever. Institutional demand and ETF inflows primarily drove the numbers.
The ETH price climbed to a new all-time high of $4,953 in August and is currently trading at around $4,200. Year-on-year, this represents an increase of 86 percent. The total value locked in DeFi (TVL) rose to $92.2 billion, approaching the highs of the 2021 bull run.
With $139.6 billion in trading volume, Ethereum also achieved its strongest month ever in the DEX sector, cementing its role as the leading Layer 1 network for on-chain trading. Public companies now hold $12 billion worth of ETH, led by SharpLink Gaming and BitMine Immersion, which together invest billions in ETH.
Since their launch in July 2024, Ethereum ETFs have attracted more than $13.2 billion in net inflows. BlackRock's iShares Ethereum ETF leads the way with over $13 billion in assets under management. Ethereum ETFs experienced a record month in August with inflows of nearly $4 billion, representing an overall increase of 42 percent.

Launched in 2015, Ethereum is the second-largest cryptocurrency after Bitcoin and is considered a leading platform for smart contracts and decentralized applications (dApps). The network enables not only payments but also the creation of entire financial and app ecosystems such as DeFi, NFTs, and DAOs.

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