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Ethereum Hits Record Users As Network Activity Explodes Ethereum $ETH recorded all time highs in users, transactions, and throughput during Q1 2026, according to Token Terminal. Monthly active users reached 13.2 million, up 85.9% year over year. Transaction count climbed to 200.4 million while throughput rose to 25.78 TPS.

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The Celo Ethereum L2 has been ON FIRE in 2026 so far. Since transitioning to an Ethereum Layer-2 network, Celo has been on a tear. We’ve picked some of its biggest milestones from 2026 that you might have missed… (1) The network has now processed a total of more than 1.3 billion transactions [1.329 billion to be more precise]. Suffice to say this figure speaks for itself. (2) A peak daily user count of ~840,000 made Celo one of the most used Ethereum L2 networks in existence. The data comes from a report published on Bitget in April 2026, that report also pointing to a peak of some ~1.3 million monthly active users. (3) MiniPay, the stablecoin-focused wallet built on $CELO, now has more than 15 million registered wallets and has facilitated over 420 million transactions. Given its traction, MiniPay has become a key method for onboarding non-crypto-native users to the Celo ecosystem. (4) Celo’s network revenue has exploded, reaching an all-time high of ~$18,600 on May 18 of this year. On an annualised basis, this works out to an impressive $6.785 million according to growthepie 🥧📏. It equates to an increase of +218% over the past year and is the result of Celo’s tokenomic changes, one of which involved increasing the network’s base fee (something that Celo has achieved while maintaining sub-cent transaction costs).

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