Ethereum stablecoin transfer volume surged to an all-time high of $8 trillion in Q4 2025, nearly doubling from mid-year levels, driven by real payment use cases rather than speculation. Network activity also hit new peaks with over 2.2 million daily transactions and 10.4 million monthly active addresses. Ethereum co-founder Vitalik Buterin declared the blockchain trilemma solved, citing innovations like PeerDAS and zkEVMs that enhance scalability, security, and decentralization.

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