Ethereum Mainnet Transactions Set New Record High While ETH Price Stays 60% Below Peak
On 9 February 2026, Ethereum on-chain activity reached a new milestone, with mainnet monthly transactions climbing to roughly 70.4 million. At the same time, ETH is trading around 60% under its all-time high, even as traders highlight the $4,000 level as a key technical threshold. Binance's Ethereum reserves have declined to about 3.7 million ETH, pointing to reduced immediate sell-side supply.