The Ethereum mainnet reached a new monthly transaction record in April 2026, processing 72.8 million transactions, according to May 2 reports citing growthepie data. The milestone is best framed as a record in user-initiated transaction count, rather than as a direct signal of higher fee revenue, ETH burn or network value capture.
April transaction record and separate ecosystem indicators
The April total equals roughly 28 transactions per second over the month. Separately, Etherscan’s daily transactions chart lists April 28, 2026, as Ethereum’s highest daily transaction day, with 3,627,491 transactions. That daily record should be distinguished from the broader April monthly record and should not be described as a mid-May peak.
Other metrics add useful context but come from different sources and dates. Ethereum ecosystem channels referenced about $310 billion in user deposits across applications, although the visible post snippet does not show the underlying dashboard or cut-off date. Uniswap’s Ethereum-mainnet cumulative trading volume crossed $3 trillion, according to May 6 reports citing the official Uniswap account. These are secondary ecosystem indicators, not direct evidence behind the transaction-count record.
Fusaka, fees, staking queues and institutional ETH holdings
The activity increase followed Ethereum’s post-2025 scaling path, but the timeline should be precise. Fusaka shipped to mainnet in December 2025, introducing PeerDAS and moving Ethereum toward a higher gas-limit regime. Ethereum.org describes EIP-7935 as coordinating client teams around a 60 million gas default target after earlier increases from 30 million to 36 million and then 45 million. Glamsterdam, however, had not yet shipped as of mid-May 2026; Ethereum Foundation materials described it as an upcoming upgrade with live devnets.
Fee data should be dated rather than generalized. January 2026 reports placed average transaction fees around $0.16 to $0.17 during a high-activity period, while YCharts, using Etherscan data, showed an average Ethereum transaction fee of $0.234 for May 12, 2026, updated May 13, 2026. The defensible claim is that fees remained low compared with prior congestion periods, not that Glamsterdam had already reduced fees.
Staking and institutional flows are separate from the transaction record. Ethereum staking reports from late December 2025 said the validator entry queue had overtaken the exit queue for the first time in about six months, while January 2026 reports said exit pressure had fallen sharply. Bitmine Immersion Technologies separately reported that, as of May 10, 2026, it held 5,206,790 ETH, or 4.31% of supply, after earlier April reporting of a 101,627 ETH weekly purchase. Those treasury figures indicate corporate ETH accumulation, but they should not be presented as proof that Ethereum’s record transaction count directly increased ETH value capture.