Ethereum Processes 203 Million Transactions in Q2, Achieving All-Time High TPS
Ethereum (ETH) Layer 1 processed 203 million transactions in Q2 2026, marking the highest quarterly total on record. The transaction volume increased by 68.4% compared to the same period last year, with an average transactions per second (TPS) of 25.9. TPS refers to the number of transactions the network can process in one second. Monthly active users decreased by 30% to 9.2 million compared to the previous quarter. Network fees amounted to $52.5 million, a 31.6% increase from the previous quarter, but a 49.2% decrease compared to the same period last year. The value of ETH burned on Ethereum reached $17.1 million, up 112% from the previous quarter. The staking ratio rose to 32%, reaching an all-time high, while the number of addresses holding ETH averaged 312.1 million, an increase of 6.6% from the previous quarter and 27.4% from the same period last year. The total size of tokenized assets on Ethereum averaged $203.1 billion, with stablecoins at $176.8 billion and tokenized funds at $20.8 billion. In Q2, Ethereum achieved all-time highs in transaction volume, TPS, staking, and holding addresses, although monthly active users declined.
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