ETH's roughly
↗9%
monthly climb is gaining momentum as the
Sharplink CEO declares Ethereum's supercycle has begun, with network activity surging.
Strength across multiple areas
Network activity remained strong with over 413,000 active addresses over the past day while approximately 167,000 new holders joined during the same 24-hour period, showing continued interest in the ecosystem.
Daily usage remains elevated
Daily transactions reached 2.67 million while approximately $723 million moved off exchanges over the past day, indicating ongoing network usage and accumulation patterns as Ethereum's ecosystem continues evolving
.
Trading activity expanding
Trading volume increased roughly
↗6%
over the past day even as sell pressure remained elevated with about 2 times more sellers than buyers during the same period.
Outpacing ecosystem peers
ETH outpaced Ethereum Ecosystem peers by roughly
↗11%
over the past month and by approximately
↗2%
over the past week, showing relative strength within its category.