[Analysis] "Ethereum's Active Addresses Surge 9.85% in 48 Hours... A Sign of Ecosystem Recovery"

Source
Suehyeon Lee

Summary

  • It was reported that the number of active addresses on the Ethereum network surged 9.85% in 48 hours.
  • This indicates that network activity has increased in tandem with the rise in Ethereum prices.
  • It is seen as a positive signal for the entire ecosystem, with the possibility that the altcoin ecosystem will move together.

Ethereum (ETH) network activity has surged in a short period, suggesting a recovery across the ecosystem.

On the 23rd (local time), CryptoQuant author Carmelo_Alemán analyzed, "From April 20 to 22, 2025, the number of active Ethereum addresses increased from 306,211 to 336,366, rising 9.85% in 48 hours. This indicates that network activity has increased in tandem with the rise in Ethereum prices."

He further stated, "The increase in active Ethereum addresses, especially alongside price rises, is a positive signal for the entire ecosystem. If the price of Ether skyrockets, there is a very high probability that the entire altcoin ecosystem will move together."

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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