All charts are available at the AnalytEx Ethereum Charts & Statistics.

Ethereum Activity Index

Ethereum activity index is calculated automatically based on a combination of several factors, such as active wallets on the network, gas used, transaction statistics. It shows the activity of users on the Ethereum network. eth activity index historical chart (source: app.analytex.today)

In August, the index showed an average of 45 points, this number is higher than in previous months, which reflects the current market situation.

The maximum value was observed on August 4th and amounted to 61 points. The minimum value in August was 49 points.

Ethereum transaction statistics

Average number of Ethereum transactions per day decreased by 6%

The total number of Ethereum transactions in August was 34,908,242 with average daily volume of 1,126,072 transactions. The number of Ethereum transactions in July was 37,153,023 with average transaction volume per day of 1,198,485 transactions. Compared to July, the average number of transactions per day in August decreased by 6%. The chart below shows that after a slight increase in the number of transactions in July, these values returned to the averages of April and March 2022.

eth average number of transactions per day (source: app.anayltex.today)

On August 4th, 1,458,804 were completed, which is 22.8% higher than the average in August. The second highest number of transactions was 1,160,627 confirmed on the 10th of August.

eth transactions peak, July 2022 (source: app.analytex.today)

Ethereum block statistics

Average number of Ethereum blocks per day decreased by 2.1%

There were no significant peaks in August.

The Ethereum Average Number of Blocks Per Day chart shows a slight decrease of 2.1% in the average number of blocks per day on the in August. The average number of Ethereum blocks per day in July was 6,473, and the average number of Ethereum blocks in August was 6,332.

eth average number of blocks per day in August 2022 (source: app.analytex.today)

In terms of the number of blocks per day in the Ethereum blockchain, there were no significant peaks in August.

eth blocks per day in August 2022 (source: app.analytex.today)

The total size of blocks mined per day has decreased slightly since April 2022, when the block size was 0.53 Gb, In August this value was 0.51 Gb.

eth average daily block size (source: app.analytex.today)

The Eth Total Block Size Per Month, Gb chart shows that the total block size in August was 15.71 GB, in July it was 15.4 GB. The value has increased by 2%.

ethereum total block size per month (source: app.analytex.today)

Ethereum gas prices statistics

Average Ethereum gas price decreased by 31.8%, compared to July.

The average Ethereum gas price in July was 26.85 gwei, in August it was 18.31 gwei. The gas price decreased by 31.8%.

eth average gas price per month (source: app.analytex.today)

In August, the price of gas continued to decline and broke the July low. The minimum value of the gas price in July was recorded on the 31st and was 11.57 gwei, in August the minimum value was recorded on the 27th and was10.78 gwei, which naturally reflects the situation in the market, which continues to follow a bearish trend.

ethereum average gas price per day in July-August 2022 (source: app.analytex.today)

Ethereum new smart contracts statistics

The number of ERC-20 tokens created in the Ethereum network in August increased by 32.18%.

The number of ERC-20 tokens created on the Ethereum network in July was 7,615, In August this figure was 10,066. It increased by 32.18%.

Ethereum active addresses statistics

In August, total number of active wallets slightly decreased by 1.43%, compared to July

The number of Ethereum Active Addresses shot up to 814,127 on the 4th of August. It is the single increase in August with 38.14% above the average.

AnalytEx engine is able to track a number of unique daily and monthly addresses of active crypto wallets and smart contracts in various blockchains distinguishing the addresses by signatures of wallets and smart contracts.

In August, the total number of unique active crypto wallets in the Ethereum blockchain was 8,546,616, in July this figure was 8,670,937, so it is a slight decrease of 1.43%.

ethereum average number of daily active wallets (source: app.analytex.today)

The number of active crypto wallets per month was 8,670,937 in July. In August this value decreased by 1.45% and was 8,546,616.

ethereum active wallets per month (source: app.analytex.today)

On the 4th of August 2022, the number of Ethereum Active Addresses was 814,127, which is the peak value in August, It is 38.14% above the average, most likely due to the launch of the new NFT collection.

ethereum unique active addresses, August 2022

The number of active smart contracts per month was 466,549 in July. In August this value decreased by 18.55% and was 379,960.

ethereum active smart contracts per month (source: app.analytex.today)

Data-driven conclusions

August has become a fairly quiet month for the cryptocurrency market. The data tells us of a slight decline in all indicators, whether it is the number of active addresses, transactions, or blocks, while the cost of gas has decreased significantly, confirming the decrease in activity. The Ethereum Activity Index was quite static, and moved in the range from 40 to 50 points. The bearish trend has reached September, which has traditionally been the worst month for cryptocurrencies for many years. Whether this will be confirmed, we will find out very soon.

All charts are available at the AnalytEx Ethereum Charts & Statistics.