Daily transactions on the Ethereum network have oscillated considerably over the last few years. February 2018 was the last time that Ethereum was posting numbers of over one million transactions every 24 hours. Despite its variability, Ethereum’s network has maintained an impressive level of activity consistently for the last few years, firmly entrenching the digital currency as Bitcoin’s trusty sidekick. However, in the past few months, Ethereum transactions have skyrocketed thanks to decentralized finance (DeFi) yield farming. So much so that the number of transactions performed daily on the network has rivaled that of its 2018 performance, boasting over 1.2 million Ethereum transactions per day. Ladies and gentlemen, we have again reached phase Ethereum 1 million!