Ethereum On-Chain Activity Sets December 24, 2025 Record While ETH Price Holds Near $3,000

On December 24, 2025, Ethereum's on-chain usage reached a new record even as ETH traded around $3,000 and remained well below prior peaks. Network data point to surging transactions driven in part by Layer-2 settlements, growing DeFi usage, and large holders accumulating, while recent exchange inflows and subdued price action highlight ongoing liquidity pressures.