Ethereum Active Addresses Near 2021 Levels as Price Stabilizes Above $3,500 Amid Exchange Outflows
Main Idea
Ethereum's active addresses have surged to 674,880, nearing 2021 peak levels, with exchange outflows surpassing $100 million, indicating strong network growth and price stabilization above $3,500.
Key Points
1. Ethereum active addresses reached 674,880 on August 2, 2025, approaching the 2021 peak of ~750,000, reflecting robust network engagement.
2. Exchange outflows exceeded $100 million between July 18 and August 3, 2025, suggesting investors are holding ETH off exchanges, reducing selling pressure.
3. Ethereum's price dropped from nearly $4,000 to $3,100 by August 2, 2025, but recovered to trade between $3,550 and $3,600, indicating stabilization.
4. The rise in active addresses and exchange outflows supports price stability above $3,500, highlighting Ethereum's maturing ecosystem.
5. Current growth differs from past volatile spikes, suggesting expanding real-world applications and long-term investor confidence.
Description
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