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Ethereum Reaches 200 Million Quarterly Transactions, Highest in Three Years

The network processed 200 million transactions in the first quarter, while ETH traded at $2,430 after rising 11% over the past month.

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Terms & Concepts
  • Ethereum: A blockchain network that supports smart contracts (self-executing blockchain code) and decentralized applications.
  • Transaction: A recorded transfer or on-chain action processed and stored on a blockchain network.
  • Smart contract: Self-executing blockchain code that runs automatically when preset conditions are met.