Ethereum Network ‘Looking Healthier Than Ever’ As Rival Layer-1 Siphons Social Media Attention: Santiment

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Though Ethereum’s price has been stuck in the doldrums, ETH’s network is booming, according to the crypto analytics firm Santiment. The firm notes in a recent post on the social media platform X that “the utility and growth of the network continues looking healthier than ever.” “The amount of new weekly ETH addresses created is ranging around 800,000-1 million per week, compared to about one-third less at this point last year.” Source: Santiment/X ETH is trading at $2,421 at time of writing. The...