Ethereum L1 processed a record 203.9 million transactions in Q2 2026
- —L1 transactions rose 68.4% year-on-year to 203.9 million
- —Average TPS was 25.9, staking reached a record 32%
- —Network fees rose 31.6% quarter-on-quarter to $52.5 million, with $17.1 million of ETH burned
- —Monthly active users fell 30% to 9.2 million
Why it matters: Rising transactions and staking alongside falling active users shows activity shifting toward large holders and tokenized assets.
Source: TokenPost