- EVM blockchains exceed U.Okay., Germany cost techniques by every day switch rely
- Ethereum (ETH) worth doubled in three months
The Ethereum (ETH) ecosystem — Ethereum’s mainnet and its second-layer scaling options like Optimism, Polygon, Arbitrum and Base — are already exceeding main European digital cost operators by every day transaction metrics. On the similar time, the numbers of UnionPay and Visa are nonetheless but to be reached.
EVM blockchains exceed U.Okay., Germany cost techniques by every day switch rely
Ethereum Digital Machine blockchains — Ethereum (ETH) mainnet and L2s — achieved a brand new report excessive. As demonstrated by Leon Waidmann of Onchain Basis, the EVM ecosystem networks processed over 27 million transactions in 24 hours.
That is roughly equal to 313 transactions per second. The Ethereum (ETH) mainnet itself was liable for 2 million transactions, or solely 7.4% of this large quantity.
As Waidmann factors out on X, these numbers are already larger in comparison with metrics of in style digital remittances apps in EU and Nice Britain. For example, U.Okay.’s Quicker Funds course of 11 million funds per day, whereas German-based Girocard handles 22 million transactions.
Japanese app Zengin handles virtually 4x much less transactions every day in comparison with the Ethereum (ETH) ecosystem, the analyst says.
On the similar time, the EVM ecosystem continues to be removed from competing with world’s greatest card techniques as Chinese language UnionPay handles a whopping 1.5 billion transfers every day and Visa processes 640 million remittances.
Ethereum (ETH) worth doubled in three months
It needs to be famous that Ethereum (ETH) stays the dominant blockchain for U.S. Greenback Tether (USDT), the biggest stablecoin accounting for almost all of world crypto transfers.
As of the most recent Tether Transparency report, Ethereum (ETH) is liable for $90.7 billion in USDT, whereas its closest competitor, Tron (TRX), noticed its share sitting at $78 billion.
After a lot criticism, Ethereum (ETH), the second greatest cryptocurrency, is once more within the highlight for the crypto neighborhood.
Within the final 90 days, Ethereum’s (ETH) worth surged from $2,205 to over $4,440 after peaking at $4,953 on Aug. 24, 2025.