Ethereum Sees 8-Month High In New Addresses—Can It Hit $5,000?

Quick Summary:

On-chain data shows that an average of 130,200 new Ethereum addresses are being created daily in December, a level of network activity not seen since April.

The Ethereum network has recently witnessed a resurgence in activity, with new wallet addresses hitting an eight-month high.

Related Reading: Crypto Meets Royalty: Bahrain Crown Prince Accepts 1st Crypto.

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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets: HungaryBahrain

Topics: Crypto ETH Ethereum Network Crypto News Altcoins Blockchain

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-15 @ 03:30:20 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 455 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 24410345

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 11 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 10 hours ago

Coverage Areas: Hungary

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Publisher ID: #105

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