Ethereum (The price of ETH) blockchain registered its highest quarterly activity since its launch in the first quarter (Q1) of 2026.
In the last three months, a Ethereum The network recorded a record 200.4 million, according to metrics from Artemiscrypto analytics platform. Likewise, the quarter-on-quarter performance rose nearly 43% from the previous quarter to an all-time high (ATH) in Q1.
Since the quarterly sales of Ethereum will drop around Q4 of 2023, the number will gradually increase until the end of this year. Specifically, the number of places registered on the Ethereum network peaked at 2.897 million per day on February 7, 2026, before dropping to around 2.363 million transactions on April 2, as data from YChartsplatform for research and analysis.
Why did Ethereum rise quarterly in Q1?
The main reason why Ethereum sales rose in Q1 was the huge increase in active addresses. Between January 1 and March 31, the number of active addresses on the Ether chain reached 12.6 million, a gain of about 1,704% from the previous quarter, according to analysis from DeFiLlama.
Active addresses on the Ethereum network surged after the previous upgrade, which led to organic growth in layer two (L2) networks such as Base and Arbitrum (ARB), thereby promoting the use of the mainnet.
Meanwhile, the number of users and activities on the Ethereum ecosystem was boosted by the rise of the stablecoin market. ETH stablecoins share views on changes from DeFiLlamait was about $164.4 billion, with the help of legal clarity in the United States through the Genius Act. An increase in stablecoin liquidity on-chain generally increases returns and transfer demand, helping to increase overall supply.
