Tech
Ethereum Processed 200 Million Transactions in Q1, Its Busiest Quarter Ever — but Ether Holders Have Nothing to Show for It
Ethereum's base layer handled 200.4 million transactions between January and March 2026, surpassing 200 million for the first time. Yet ether remains more than 50 per cent below its August 2025 peak, exposing a structural disconnect between network usage and token value.
·Sarah Blake