B3bit

06/21 05:09

Ethereum – How Changes in Adoption and Scarcity

Ethereum – How Changes in Adoption and Scarcity Statistics Could Fuel a New Breakout

Ethereum Network Activity and Whale Accumulation Underscore Bullish Sentiment Despite Limited Price

Rising Scarcity and Cooling Speculative Demand Could Support a Long-Term Break Above $2,833

Ethereum [ETH] has seen steady growth in weekly address creations of late, ranging from 800K to 1M since mid-May – up from 560K to 670K at this time last year.

With ETH trading in a tight range around $2,500, the surge in new wallets could mean that the network’s fundamentals are quickly strengthening.

Increasing user participation is often indicative of deeper adoption of a utility, especially when wallet creations are rising alongside stable price action.

 Thus, Ethereum's expanding network base could serve as the basis for stronger demand and long-term valuation support.

#Join HTX On A Fitness Journey To Mars#Share Your Thoughts on Popular Assets in June#Claim1,200 USDT in the Monthly Creation Challenge# Israel’s attack on Iran.#Do you think EDGEN is promising?

27分享