Golden Finance Report points out that data from TheBlock dashboard shows that over the past month, the 7-day moving average of daily transaction volumes on the Ethereum network has decreased by about 55%, dropping from $6.56 billion on July 26 to $2.9 billion currently. This change indicates that the market activity on Ethereum has somewhat declined compared to the same period last month. Specifically, in July, the total transaction volume for Ethereum reached $134.71 billion, while as of today, the transaction volume in August is only $9.146 billion, with five days remaining in the month. This suggests that the declining trend in Ethereum transaction activities persists into August.