Crypto Express

07/17 01:56

ETH : User activity weakens

ETH : User activity weakens as network growth and transactions drop

Network Growth dropped to 29.2K and Transaction Count fell to 319K—both sharply down.

This suggests a reduction in new user adoption and overall network usage. While price and sentiment metrics point upward, the on-chain user base appears to be shrinking in the short term. 

This disconnect raises questions: Is ETH’s current rally led by strong hands, or is it building on unstable footing?

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