ETHEREUM HITS $238B IN MONTHLY VOLUME, HIGHEST SINCE 2021

Summary from the TLDR Crypto newsletter

Ethereum recorded $238 billion in onchain volume in July, a 70% MoM increase and its highest since December 2021. It also hit an all-time record of 46.67 million monthly transactions and 17.55 million active addresses, marking a full onchain revival. With ETH closing July at $3,700, the network's usage and price are both testing multi-year highs, signaling renewed momentum across Ethereum's ecosystem.