Ethereum Hits 152M Active Wallets, Gains 50% in 4 Weeks
2025-07-17 10:27:19
Main Idea
Ethereum (ETH) is experiencing significant growth, with a 50% price surge in less than four weeks, record-breaking non-empty wallets, and substantial institutional inflows, fueling optimism for further price increases.
Key Points
1. Ethereum's price surged over 50% in less than four weeks, reclaiming levels last seen in late January and reaching above $3,400.
2. Santiment reported a record-breaking 152.03 million non-empty Ethereum wallets, the largest active user base in crypto.
3. Spot Ethereum ETFs attracted over $726 million in net investments, with BlackRock's iShares Ethereum Trust leading with a $489 million single-day inflow.
4. Ethereum's value increased by 25% in the past seven days, outperforming Bitcoin's 6.8% growth in the same period.
5. Analysts suggest Ethereum could reach $4,000 imminently, with some predicting new all-time highs past $5,200 if Bitcoin's dominance decreases.
Description
Ethereum (ETH) is experiencing quite a resurgence, hitting key milestones and igniting market enthusiasm. According to analytics firm Santiment, the world’s second-largest cryptocurrency has surged over 50% in less than four weeks, reclaiming heights last seen in late January while boasting a record-breaking 152.03 million non-empty wallets, the most extensive active user base in crypto. Institutional Inflows, Social Buzz Fuel Ethereum Breakout The Santiment data shows that since June 22, ETH’s ...
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