Data: The daily transaction count on the Ethereum network has risen to 1.87 million, approaching the historical high of 1.96 million set in January 2024

ChainCatcher news, according to Decrypt, Etherscan data shows that the daily transaction count on Ethereum slightly increased to 1.87 million yesterday, approaching the historical high of 1.96 million set on January 14, 2024.

Nansen senior research analyst Jake Kenni stated that this surge is mainly due to the increase in trading volume of stablecoins USDC, Tether, and the decentralized exchange Uniswap. The spike in stablecoin trading volume may be related to activities in Washington.

DappRadar senior analyst and researcher Sara Gherghelas mentioned that the passage and signing of the "GENIUS Act" has boosted market confidence, as the act provides a legal framework for stablecoins operating in the United States.