Ethereum Sees 8.84 Million Transactions and 41.46 ETH Block Reward in Latest Etherscan Snapshot

According to recent data from COINOTAG News, Ethereum’s block explorer, Etherscan, reported a surge in blockchain activity between February 3rd and 9th. During this period, the Ethereum mainnet witnessed a remarkable 8.84 million transactions, highlighting the increasing utilization of this leading cryptocurrency network. The average Gas fee was recorded at a median rate of 1.245 gwei, indicating a stable transaction cost environment for users. Moreover, miners were rewarded with an average Block Reward of 41.46 ETH, reinforcing the financial incentives associated with Ethereum’s proof-of-work mechanism. This data snapshot not only exemplifies Ethereum’s robust operational performance but also underlines its pivotal role in the growing landscape of decentralized finance and digital asset transactions.