Ethereum Daily Transactions Hit 1,000,000 as Miner Revenue Increases

Daily transactions have been steadily growing on the Ethereum network in 2019. The number of transactions processed by miners hit over 1,000,000 on the 28th of June. In light of this increased transaction count, miners managed to generate $4.4 million in revenue over the seven days leading up to July 2nd. This represents a 10% increase week-on-week. The daily transactions still stand below its all-time high of over 1.3 million recorded on the 4th of January 2018.

Source: The Block, CoinMetrics, Etherscan