OKX Ventures reported that Ethereum (ETH)'s monthly transaction count exceeded 70 million, reaching an all-time high. Citing data from Token Terminal, OKX Ventures stated, "While the monthly transaction count reached an all-time high, the median transaction fee dropped to $0.00554, marking an all-time low." They explained, "This suggests that Ethereum is gradually evolving into a network with higher efficiency and lower costs." They added, "Scalability has begun to materialize based on Layer 2 solutions and modular architecture, and on-chain use cases such as stablecoins, blockchain games, and real-world assets (RWAs) are also increasing." They also assessed, "The public blockchain competition is now entering a user experience-centric phase, rather than just a TPS competition," and "a new on-chain economy led by Ethereum is being formed." OKX Ventures emphasized, "The truly important signal is not just market price movements, but the continuous growth of actual on-chain usage."