Fundamentally, Ethereum moves from strength to strength. Network activity is active, development is on the way, an update is imminent and DeFi is reaching record numbers. Still, ETH prices have fallen again, what is happening?
Ethereum Network Strengthens
Despite the FUD bargaining between Bitcoin maximalists and rival network supporters, Ethereum remains the second largest crypto asset for good reason. There are many ways to measure the state of the network, with the hash rate one and the activity second.
According to research conducted by Blockchain Analytics, more than 70,000 new addresses were created on the Ethereum network in the last 24 hours. In addition, there were approximately 245,000 active addresses that prove that things are still working well.
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