Ethereum Active Addresses Near All-Time High Despite Price Plunge
Despite Ethereum's price plunging 21% in a week to around $2,290, on-chain data reveals a significant and counterintuitive trend. The 100-day moving average of Ethereum Active Addresses has surged sharply in 2026, reversing its previous decline from late 2025. This metric, which tracks the number of unique wallets transacting daily on the network, has reached 469,303. This figure is notably higher than last year's cycle high and is nearly at its all-time high from the 2021 bull market. This surge in network activity, which began with the market's recovery, has continued even as the price rally faded, suggesting a potential decoupling between user transaction activity and price action.
bitcoinist02/04 11:10
