Ethereum just had its busiest quarter ever, capping a three-year comeback

Ethereum just had its busiest quarter ever, capping a three-year comeback

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enTechShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailEthereum just had its busiest quarter ever, capping a three-year comebackQuarterly transactions hit 200.4 million in Q1 2026, the first time above 200 million and more than double the 2023 lows.By Shaurya Malwa|Edited by Omkar GodboleUpdated Apr 17, 2026, 7:33 a.m. Published Apr 17, 2026, 7:27 a.m. Make preferred on What to know: Ethereum processed a record 200.4 million base-layer transactions in the first quarter of 2026, capping a multi-year U-shaped recovery in network activity.Despite the surge in usage, ether remains more than 50 percent below its August 2025 peak near $5,000, creating a divergence between fundamentals and price.Much of the growth is driven by Layer 2 and stablecoin settlement, which boosts L1 transaction counts but,

Source: https://www.coindesk.com/tech/2026/04/17/ethereum-just-had-its-busiest-quarter-ever-completing-a-three-year-comeback-on-chain