The Ethereum (ETH) ecosystem — Ethereum’s mainnet and its second-layer scaling options like Optimism, Polygon, Arbitrum and Base — are already exceeding main European digital cost operators by day by day transaction metrics. On the identical time, the numbers of UnionPay and Visa are nonetheless but to be reached.
EVM blockchains exceed U.Okay., Germany cost methods by day by day switch rely
Ethereum Digital Machine blockchains — Ethereum (ETH) mainnet and L2s — achieved a brand new document excessive. As demonstrated by Leon Waidmann of Onchain Basis, the EVM ecosystem networks processed over 27 million transactions in 24 hours.
🚨 Ethereum simply broke one other document! 🚨
Layer 2 networks processed 25M transactions in a single day – a brand new all-time excessive.📈
Add Ethereum mainnet (L1), and the ecosystem hit practically 27M day by day transactions.
👉 That’s already larger than many nationwide cost methods:
🇬🇧 UK… pic.twitter.com/BexkTyPvWx— Leon Waidmann 🔥 (@LeonWaidmann) September 19, 2025
That is roughly equal to 313 transactions per second. The Ethereum (ETH) mainnet itself was liable for 2 million transactions, or solely 7.4% of this huge quantity.
As Waidmann factors out on X, these numbers are already larger in comparison with metrics of fashionable digital remittances apps in EU and Nice Britain. As an example, U.Okay.’s Quicker Funds course of 11 million funds per day, whereas German-based Girocard handles 22 million transactions.
Japanese app Zengin handles nearly 4x much less transactions day by day in comparison with the Ethereum (ETH) ecosystem, the analyst says.
On the identical time, the EVM ecosystem continues to be removed from competing with world’s greatest card methods as Chinese language UnionPay handles a whopping 1.5 billion transfers day by day and Visa processes 640 million remittances.
Ethereum (ETH) value doubled in three months
It ought to be famous that Ethereum (ETH) stays the dominant blockchain for U.S. Greenback Tether (USDT), the most important stablecoin accounting for almost all of worldwide crypto transfers.
As of the newest Tether Transparency report, Ethereum (ETH) is liable for $90.7 billion in USDT, whereas its closest competitor, Tron (TRX), noticed its share sitting at $78 billion.
After a lot criticism, Ethereum (ETH), the second greatest cryptocurrency, is once more within the highlight for the crypto group.
Within the final 90 days, Ethereum’s (ETH) value surged from $2,205 to over $4,440 after peaking at $4,953 on Aug. 24, 2025.
