Cryptocurrency | Price (USDT) |
---|---|
BTC | $107309.0500000000 |
ETH | $2429.9710000000 |
BNB | $645.6491100000 |
XRP | $2.1995240000 |
ADA | $0.5622710000 |
SOL | $147.2677000000 |
DOGE | $N/A |
DOT | $3.3606800000 |
LTC | $86.1751000000 |
LINK | $13.2015200000 |
Category: CRYPTO NEWS
The post Ethereum ‘Heating Up’ – Address Activity Jumps Nearly 10% In 2 Days appeared on BitcoinEthereumNews.com. Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum demonstrated evidence of new momentum this week as network activity and price action both reversed after a slow stretch. The second-largest cryptocurrency finally broke through a critical price barrier that had constrained its advance for over a week. Related Reading Active Addresses Up By Almost 10% As per statistics from CryptoQuant analyst Carmelo Alemán, Ethereum’s network experienced a notable increase in user activity between April 20 and April 22. Active addresses increased from approximately 306,000 to more than 336,000 within this three-day period, a rise of nearly 10 percent. The network is just “heating up”, according to Alemán. Ethereum is Heating Up! “Ethereum’s active addresses jumped from 306,211 to 336,366, representing a 9.85% increase in just 48 hours” – By @oro_crypto Read the full analysis ⤵️https://t.co/g55MiVnmOo pic.twitter.com/brIHtXx3Sx — CryptoQuant.com (@cryptoquant_com) April 23, 2025 This frenzy in activity at addresses is usually indicative of changes in the market mood and rising investor interest. Market analysts often consider such rises as possible early indicators of price movements, mostly when they coincide with price rise. Price Throttles Down To Major Resistance Keeping on with the struggle of breaking above $1,640 accomplished since April, the price of Ethereum finally surpassed this resistance area. Striking above $1,780, the coin has defeated the confinement left by an assertive green daily candle. For the first time in recent history, buyers appear to be taking center stage in the market. The price now reads as above…
2025-04-25T03:39:07+00:00