Ethereum is showing notable momentum on-chain. According to Glassnode data, active addresses have exploded—the monthly cohort alone grew from roughly 4M to 8M addresses. That's not just volume; retention among the newest users nearly doubled too, suggesting these aren't one-off interactions.
The throughput tells a similar story. Daily transactions just hit 2.8M, marking a 125% increase year-over-year. Active addresses overall? Up more than 2x compared to the same period last year.
Meanwhile, ETH is trading around $3,300 as this network activity continues climbing. Whether it's new DeFi players, retail interest, or institutional builders joining the ecosystem, the on-chain data is flashing green across the board.
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TokenomicsTinfoilHat
· 18h ago
Wait, is this data really fake? I need to see the original data for the user retention rate doubling... Are you just making up stories again?
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SchrodingersFOMO
· 18h ago
Once again, the user base is growing, and this time it seems to be real.
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zkProofGremlin
· 18h ago
8 million monthly active users? If this number is true, why hasn't it hit a new high yet...🤔
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CryptoPunster
· 19h ago
Monthly active users doubled from 4 million to 8 million, trading volume increased by 125%... What does this data indicate? It means the retail investors are starting to believe in the dream again.
Wait, with ETH at $3300 and such strong on-chain data, something feels a bit off. Is this about to take off or is it the last bait before a final shakeout?
New user retention rate doubled. Do you think this means DeFi is really booming, or is everyone just planning to run after losing everything in this round?
Ethereum is showing notable momentum on-chain. According to Glassnode data, active addresses have exploded—the monthly cohort alone grew from roughly 4M to 8M addresses. That's not just volume; retention among the newest users nearly doubled too, suggesting these aren't one-off interactions.
The throughput tells a similar story. Daily transactions just hit 2.8M, marking a 125% increase year-over-year. Active addresses overall? Up more than 2x compared to the same period last year.
Meanwhile, ETH is trading around $3,300 as this network activity continues climbing. Whether it's new DeFi players, retail interest, or institutional builders joining the ecosystem, the on-chain data is flashing green across the board.