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Ethereum daily transactions are nearing an all-time high, driven by stablecoin activity, ETF approvals, and meme coin trading. Analysts highlight regulatory developments and traditional market liquidity as key factors behind the surge.
- Ethereum’s transaction surge is driven by stablecoins (USDC, Tether) and Uniswap, alongside regulatory clarity from the GENIUS Act.
- ETF approvals are funneling traditional market liquidity into Ethereum, outpacing Bitcoin ETFs in recent performance.
- Meme coin trading and token creation on layer-2 networks like Base and Polygon are amplifying speculation, though Solana leads in meme coin volume.
📎 Source reference: decrypt.co