Data: The transaction volume on the Ethereum chain exceeds $320 billion, reaching a new high since May 2021

ChainCatcher news, according to The Block, the monthly on-chain transaction volume on the Ethereum network exceeded $320 billion, setting a record high since May 2021 and marking the third highest monthly transfer volume on record.

This transaction volume measures the economic throughput on the Ethereum blockchain, including transfers, DeFi interactions, and other transactions.