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Joseph Young has highlighted a significant milestone for Ethereum, noting that active monthly users have reached a record high of over 10 million.
This growth underscores Ethereum's role as a dominant settlement layer in the financial sector, with users engaging in activities such as decentralized finance (DeFi), real world assets, stablecoins, and on-chain trading.
This surge in active monthly users follows a broader pattern of acceleration within the Ethereum ecosystem, reflecting momentum similar to when monthly transactions soared past 855 million amid heightened network utilization. Notably, recent developments in net stablecoin issuance—where Ethereum added $55.9 billion and solidified its market dominance—further reinforce the platform’s expanding function as a critical infrastructure for digital finance.