Ethereum hits a new record. According to on-chain data, the number of transactions on January 15th exceeded 2.789 million, reaching a new all-time high. What's behind this surge in activity? Stablecoin transfers lead the way, accounting for the majority. Next are exchange deposits and withdrawals, infrastructure interactions, and DEX trading, which continue to drive network usage. In other words, the liquidity of stablecoins is becoming increasingly important in the Ethereum ecosystem, reflecting the market's ongoing demand for capital liquidity and safe-haven assets. From multiple perspectives, the combined efforts of CEX traffic, the完善 of the Infra ecosystem, and DEX trading activity are strengthening Ethereum's network effects. This data point is worth paying attention to—it demonstrates the actual capacity of mainstream public chains to support real transaction demand.
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LayerZeroJunkie
· 23h ago
Stablecoin transfers account for the majority, which reflects genuine transaction demand, not just hype. If Ethereum can hold up against this data, it shows that the ecosystem is indeed working on real projects.
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ApeWithNoFear
· 23h ago
2.78 million transactions, stablecoins are truly the traffic secret, and the collaboration between CEX and DEX is indeed powerful.
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BearMarketSurvivor
· 23h ago
278.9 million transactions, it looks lively. But upon closer inspection, stablecoin transfers make up the majority? What does this indicate— the market is still in risk aversion.
The supply chain is intact, but be alert to when it might break. The surge in CEX deposits and withdrawals usually means either bottom fishing or panic selling; it depends on your position management skills.
Whether real trading demand is strong or not depends on how long the bear market can last. Whether this high level can be maintained depends on whether the funds still have patience. My advice? Don't be fooled by the data; loss control is always more important than chasing highs. Survival first.
Ethereum hits a new record. According to on-chain data, the number of transactions on January 15th exceeded 2.789 million, reaching a new all-time high. What's behind this surge in activity? Stablecoin transfers lead the way, accounting for the majority. Next are exchange deposits and withdrawals, infrastructure interactions, and DEX trading, which continue to drive network usage. In other words, the liquidity of stablecoins is becoming increasingly important in the Ethereum ecosystem, reflecting the market's ongoing demand for capital liquidity and safe-haven assets. From multiple perspectives, the combined efforts of CEX traffic, the完善 of the Infra ecosystem, and DEX trading activity are strengthening Ethereum's network effects. This data point is worth paying attention to—it demonstrates the actual capacity of mainstream public chains to support real transaction demand.