The sudden and dramatic increase in active addresses on the network has left many conjecturing about the cause. On-chain metrics company Santiment says it is still investigating the cause of a sudden spike in active ETH addresses, which have eclipsed previous ATH by 48%. On July 27, the analytics firm tweeted that the number of daily active addresses on Ethereum …

increase in activity. From institutional adoption to growing traction, and all that. Given the demand, Ethereum (ETH) network participants raised $2.48 billion in fees compared to $1.7 billion a year ago. Should you be happy? Ethereum’s optimism throughout 2022 resulted in a good increase in trading and transaction volumes, as well as a large influx of investors. The accumulation trend …

The price of Ethereum shows an interesting development over the past week. Despite collapsing, ETH appears to be in a position to show positive returns this week that could propel it to significant levels. Ethereum price recovery in progress The price of Ethereum plunged more than 30% over the past six months and set a low of around $978 (₹78085.95). …

Following the record betting on Ethereum 2.0 (the next update of the network, now renamed the “consensus layer”), the price of Ethereum (ETH) on exchanges reached its lowest level in four years on June 22. According to data provided by Glassnode, centralized exchanges controlled just under 20 million Ethereum in July 2018. The number of ethers traded on exchanges has …