Surge in Ethereum Addresses Propels ETH towards $3K: Unveiling the Future of Crypto

full version at en.coinotag

Before you reading,
Don't miss coins like PEPE again! Click here to find new PEPEs!

Ethereum recently experienced a surge in new addresses, coinciding with a positive price movement that pushed its value back above the $3,000 mark.
Despite the influx of new addresses, the number of active addresses on the network has not shown a significant increase.
Meanwhile, Ethereum’s trading volume has climbed over $13 billion, indicating a healthy level of activity on the network.

Ethereum’s new addresses surge, pushing its value back above $3,000. However, the increase in new addresses has not significantly impacted the number of active addresses on the network. Meanwhile, Ethereum’s trading volume has climbed over $13 billion.

Ethereum New Addresses Surge

Ethereum recently saw a significant increase in new addresses, with close to 350 new addresses created in the last three days. This surge coincided with a positive price movement that pushed Ethereum’s value back above the $3,000 mark. According to data from Santiment, this is the highest daily new address creation Ethereum has experienced since October 2022.

Impact on Active Addresses

Despite the influx of new addresses, the number of active addresses on the Ethereum network has not shown a significant increase. The count of daily active addresses has consistently remained above 500,000, occasionally dipping below this threshold. As of the time of writing, the count was around 160,000. This su... Read the full article for FREE at COINOTAG!