Ethereum 
$4,336.46 The Blockchain transfer volume, which has been taking place since the beginning of the month, has exceeded $ 320 billion and has reached the summit of the last four years. The transfer volume reached has been the highest level since May 2021, while historically, the third major monthly volume was recorded. The increase in the transaction volume was supported after the intensive use of ETH Coin’s price refresh in the price, as well as corporate purchases and ETF request.
Corporate Purchases and ETF demanded demand
Ethereum’s 30 -day time period transactions number also refreshed the record. Monthly Active Address Number The highest level in history. Another development accompanying this table was ETH accumulation of corporate companies. The corporate ETH reserve, which was about 4 billion dollars at the beginning of August, increased over $ 12 billion at the end of the month. Especially in this increase Bitmine Immersion And Sharplink Gaming‘s large -scale purchases were effective.
Spot Ethereum ETFDemand for their acceleration in the same period. In the last weeks of the month, the volume of transaction went to the top, net entries continued. ETH -based ETFs have controlled more than 5 percent of the total supply. Experts say this is a strong indicator of the investor appetite.
Network updates and low trading fees are also effective
The transaction fees in the Ethereum network have reached the lowest levels of the last five years. I was commissioned in March 2024 Dencun update and EIP-4844 (Proto-Danksharding) and the costs of role-based transactions decreased. This brought more workload to Layer 2 solutions. Presented at the beginning of this year Pectra update account abstraction, developer tools and user experience offered significant improvements.
On the other hand, confirmatory output requests broke records while entry requests have increased to the summit of the last two years. Analysts say that a significant portion of this mobility is caused by funds towards liquid re -stake protocols. Tens of billions of dollars since the beginning of summer have shifted to these protocols.
Banking giants highlight Ethereum. Standard Chartered Analysts, despite corporate treasury purchases and ETF demand, the market does not pricit ETH enough. In parallel with this, some big Bitcoin 
$107,907.91 investorsIn the summer, he began to shift some of his portfolios to ETH.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
