ETH Transaction Volume Hits Record High Amid Decline in Active Users

Ethereum's transaction volume reached an all-time high of 203.9 million in Q2 2026, according to Woofun AI data. This represents a 68.4% year-on-year increase and a record-breaking average processing speed of 25.9 transactions per second.

However, the number of active users on the network declined by 30% to 9.2 million during this period. Despite this drop in individual participation, retained users increased their transaction frequency, maintaining high overall network throughput.

The Ethereum protocol's revenue doubled to $17.1 million in Q2, while global transaction fees rose to $52.5 million, a 31.6% quarter-on-quarter increase. The value of ETH burned also reached $17.1 million, significantly enhancing the deflationary effect.