
Ethereum Mainnet Hits ATH in Stablecoins, Active Addresses & Transactions
Besu Client Upgrade Released
Across V4 Goes Live
"My brothers in Christ, The biggest crypto bull on MSM finance news is now an ETH bull, an ETH treasury stock is up 140% today, Robinhood is building an Eth L2 and tokenizing stocks onchain, BlackRock is piling billions into RWAs on Ethereum, the Secretary of Treasury says stablecoins are the future of the dollar, POTUSβs family is building a DeFi app on Ethereum, but meanwhile youβre debating the merits of Proof of Stake? Open your GD eyes" - @Defi_Dad
June set records with 54.5β―million active addresses, 715β―million transactions and 78.28β―Mgas/s throughput on mainnet, according to growthepie. These metrics confirm sustained user demand despite rising L2 adoption. Why this matters: High L1 usage underpins fee revenue that funds security and demonstrates adoption of the Etheruem network.
Tokenβ―Terminal reports an allβtime high $135.4β―billion in stablecoins circulating on Ethereum mainnet. Major issuers include Tether, Circle, PayPal and emerging onβchain dollars like Ethena and GDN. Why this matters: Stablecoin growth signals Ethereumβs dominance as the preferred settlement layer for dollarβpegged value.
HyperledgerΒ Besu shipped versionβ―25.7.0 with a default 45Mβ―gas limit, history expiry on new SNAP nodes and default parallel transaction processing. These changes boost throughput while trimming disk usage for new nodes. Why this matters: Client diversity and performance gains strengthen Ethereumβs resilience.
SharpLink Gaming will close Nasdaq trading on July 7th, showcasing itself as the largest listed firm holding Ethereum as a primary treasury asset (tickerΒ $SBET). The company frames ETH not just as part of but the corporate strategy. Why this matters: Visible publicβmarket endorsements legitimize ETH as a balanceβsheet reserve beyond cryptoβnative firms.
@eth_everstake proposed EIPβ7942 to strengthen finality using available attestations, mitigating reorgs and finality halts. The idea is a contender for the βGlamsterdamβ upgrade. Why this matters: Enhancing consensus robustness is critical as blockspace competition intensifies.
@fede_intern recorded steady 400β―Mg/s throughput on the experimental ethrex execution client. Developers hint at βgigagasβ targets next. Why this matters: Alternative clients exploring extreme performance expand research frontiers for future scaling.
Privacyβ―Pools introduced seedβconfirmation, blurredβclipboard for seeds and refined relayerβfee logic to improve safety and reliability. Why this matters: Usability upgrades are essential for mainstream adoption of onβchain privacy tools.
Across Protocol launched V4, pairing intentβbased routing with ZK proofs from Succinctβ―Labs to accelerate bridging and support more chains. Why this matters: Faster, cheaper crossβchain liquidity lowers friction for users moving assets among L2s.
Worldcoin announced its mini app ecosystem surpassed 1β―billion user opens. The milestone reflects rapid traction for biometricβverified identity interactions. Why this matters: Highβvolume consumer dApps stressβtest scalability and bring more users onchain into the Ethereum ecosystem.
@virtuals_io released the AgentΒ CommerceΒ Protocol (ACP) plus the βButlerβ assistant, letting autonomous agents transact on a shared ledger explorer. Why this matters: Agentβcentric commerce could unlock new automation and coordination primitives for DeFi and beyond.
ICNβ―Protocol deployed decentralized cloudβcomputing services on Coinbaseβs Base L2. Users gain open, permissionless access to computing power with familiar EVM tooling. Why this matters: Web3 cloud alternatives diversify infrastructure away from centralized providers.
Snarkify integrated its SRT proving engine into the Succinct network, cutting proof times for zk applications. Why this matters: Faster proofs lower latency and costs for ZKβpowered DApps, encouraging broader adoption.
AskΒ Venice and dphnAI released a refined uncensored language model for openβended conversations. Improvements focus on alignment and response quality. Why this matters: Higherβperforming AI agents bolster onβchain and offβchain user experiences.
Infinex now routes trades to Ink, Krakenβs Optimismβbased LayerΒ 2 built for lowβcost transfers. Why this matters: Exchange connectivity accelerates liquidity for emerging Rollups.
Scroll welcomed SynthOSβan AI engine that designs personalized DeFi yield strategies and is now live on mainnet. Why this matters: AIβdriven portfolio automation increases use cases for retail users entering DeFi.
@noicedotso activated programmatic tipping for Arbitrum interactions on the Farcaster social graph. Why this matters: Socialβlayer incentives can drive deeper engagement and onβchain activity.
Blockchain analytics firm Elliptic now covers Starknet wallets and transactions in its compliance suite. Why this matters: Institutionalβgrade monitoring paves the way for regulated entities to use LayerΒ 2 systems.
INTMAX released CLIΒ v1.3.3, resolving an issue that blocked miners from claiming rewards; earlier versions are deprecated. Why this matters: Quick patching maintains trust in offβchain participation and reward mechanics.
@marilyn100x charted 30βday doubleβdigit TVL or usage gains across major L2sβBaseβ―+24β―%, Arbitrumβ―+35β―%, Optimismβ―+75β―%, Starknetβ―+40β―% and more. Why this matters: Healthy competition among rollups expands Ethereumβs aggregate capacity and user reach.
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Disclosures: Ethereum Daily is an independent publication and does not offer financial or investment advice. Content may include opinions, affiliate links, or references to projects in which contributors have a financial interest. Always do your own research.
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Catch up on today's most important Ethereum news in 2 minutes or less π π Ethereum Mainnet Hits ATH in Stablecoins. Active Addresses, Transactions πͺ Besu Client Upgrade βΊοΈ Across V4 Goes Live + Much More Below! https://paragraph.com/@ethereumdaily/ethereum-daily-july-3-2025
Lol. Tom Lee shilling ETH every other day on cable news really is such a big deal. SynthOS sounds insanely cool!!! I may have to try that out sooner than later. Cheers!
Yeah Tom Lee is the man! Was already a fan of his before but Iβm an even a bigger one now that heβs an ETH bull. Love to see it
55 $degen
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Catch up on today's most important Ethereum news in 2 minutes or less π π Ethereum Mainnet Hits ATH in Stablecoins. Active Addresses, Transactions πͺ Besu Client Upgrade βΊοΈ Across V4 Goes Live + Much More Below! https://paragraph.com/@ethereumdaily/ethereum-daily-july-3-2025
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Catch up on today's most important Ethereum news in 2 minutes or less π π Ethereum Mainnet Hits ATH in Stablecoins. Active Addresses, Transactions πͺ Besu Client Upgrade βΊοΈ Across V4 Goes Live + Much More Below! https://paragraph.com/@ethereumdaily/ethereum-daily-july-3-2025
Ethereum's recent achievements include record-high stablecoin supply surpassing $135B, 54.5 million active addresses, and weekly transaction metrics show no signs of slowing. Key updates like the Besu upgrade and Across V4 launch mark crucial progress. Explore these trends in detail by @ethereumdaily.eth.
Plz dump those stables we need π thx -degens