Ethereum daily transactions spiked to a new record, while gas fees remained close to all-time lows. After several upgrades, Ethereum demonstrates peak activity while also avoiding congestion and gas price spikes.\n\nEthereum posted another intra-day transaction record, peaking at over 2.8M daily over the weekend. The chain also achieved record activity while gas fees maintained its lows. The heightened activity coincided with a price recovery for ETH, as the coin held above $3,200.\n\nThe main network can now carry regular transactions priced at under $0.01, while specialized transfers only cost around $0.05. Ethereum activity has shifted, abandoning NFTs and some token-based activities, while retaining stablecoin transfers at a peak level.\n\nThe recent Etherem activity reveals users are drawn to the EVM ecosystem and use the main network, as long as transactions are not too expensive. On the other hand, L2s slowed down and concentrated into a handful of top networks, with the easiest bridging to Ethereum.
