Ethereum’s active addresses saw a notable jump of nearly 10% in just two days, from April 20 to 22, 2025. This increase signifies potential shifts in market dynamics as the network activity is tied to increased on-chain activity. Key takeaways include:
* **Significant Rise:** The number of active addresses rose from approximately 306,211 to 336,366. This represents a 9.85% increase over just 48 hours.
* **Positive Signals:** Analysts attribute this surge to increased DeFi activity and possible growing market demand despite relatively low fees.
* **Market Impact:** The rise in Ethereum’s active addresses coincided with an ETH price hike, from $1,680 to $1,830. This spike also led to higher transaction volume on the network.
* **Cautious Optimism:** Although this activity is promising, analysts suggest a need for deeper analysis of metrics like exchange volume and Layer 2 activity to get a clearer picture of the market dynamics.