Ethereum and XRP Network Activity Surge Ahead of Pepeto's Exchange Listings

Ethereum network activity has reached a new high, driven by an increase in Layer 2 settlement activity and stablecoin transfers.

This surge in transactions has led to a peak of 1.73 million seven-day average transaction counts, according to data from CryptoQuant.

Meanwhile, the XRP ledger has seen a significant growth in active user count, reaching close to 191,000 users before dropping to around 170,000.