Ethereum processed 18,658,277 transactions in the past week, marking its third-highest weekly transaction total in the network’s history, according to data from blockchain staking services provider Everstake, which cited research by Blockworks Research. This milestone occurred during a period of limited price movement in the broader cryptocurrency market, underscoring consistent growth in on-chain activity regardless of short-term volatility. Everstake observed that, historically, such high transaction volumes have typically aligned with strong market speculation. However, the recent surge was not accompanied by a significant price rally, indicating independent traction in network usage.