Ethereum prices have experienced a significant surge, surpassing $1,770 after gaining an impressive 10.32% over the past week. This upward movement is attributed to broader market optimism and increased institutional interest, particularly within the DeFi sector. Recent data shows that active Ethereum addresses have climbed by around 10%, reaching 336,000 from 306,000 in the last few days. This spike suggests a surge of activity from traders eager to capitalize on this latest rally. Further fueling the growth is an increase in on-chain activities witnessed across various platforms. Notably, Ethereum’s active addresses jumped by 9.58% in the past 48 hours according to CryptoQuant.