Ethereum Network Activity Surges to Record Levels with Historic Gas Usage

GateNews
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Gate News bot message, Ethereum network has recorded unprecedented levels of activity, setting a new all-time high in daily gas consumption at 162 billion units.

The network witnessed significant user engagement with daily active addresses exceeding 500,000 for two consecutive days, marking the first occurrence since March 2024.

Furthermore, the network’s weekly transaction volume reached 10.3 million, establishing the highest level recorded since May 2021.

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