BlockchainBounce

🚀 Ethereum Ignites with Over 1.7M Daily Transactions — Highest in 16 Months! 🔥

Ethereum is back in the spotlight, and it’s not just a price story — it’s an on-chain explosion.

After a stretch of market uncertainty, ETH just posted a 1.729 million daily transaction count, its highest since January 2024. That’s a 50%+ surge in activity in just a few days, according to on-chain analytics firm Nansen.

📈 Week in Review:

Monday: 1.2M transactions

Wednesday: Surging past 1.7M

Active addresses soared from 345K to nearly 594K

ETH price smashed through $2,400

This kind of spike in usage is more than just hype — it signals a real comeback for a network some had written off.

🔍 Buyer vs Seller Dynamics:
While participation is booming, seller activity is currently outweighing buyers:

$90M in sales vs $78.15M in purchases

74K sell transactions vs 52K buy transactions

But here’s the twist — this isn’t necessarily bearish. More people are engaged, positioning for what's next. If sentiment flips, the stage is already set for a powerful rally.

💡 Bottom Line:
Ethereum isn’t just alive — it’s on fire. The fundamentals are heating up, the network is buzzing, and the crowd is waking up.

📊 Stay sharp. This might just be the beginning of ETH's next major breakout.

#Ethereum $ETH #CryptoNews #BlockchainBounce #OnChainSurge $BTC $XRP