🚀𝙀𝙩𝙝𝙚𝙧𝙚𝙪𝙢 𝙈𝙞𝙡𝙚𝙨𝙩𝙤𝙣𝙚 𝘼𝙡𝙚𝙧𝙩 𝙍𝙚𝙘𝙤𝙧𝙙 𝙂𝙖𝙨 𝙐𝙨à𝙜𝙚 &Ñ𝙚𝙩𝙬𝙤𝙧𝙠 𝘼𝙘𝙩𝙞𝙫𝙞𝙩𝙮 𝙎𝙪𝙧𝙜𝙚! Ethereum 𝙡
$ETH Ethereum is firing on all cylinders once again! The network has just hit a new all-time high in daily gas usage, highlighting intensified on-chain activity and smart contract interaction.
🔹 500K+ Active Addresses
For the first time since March 2024, Ethereum has surpassed 500,000 daily active addresses, a strong signal of growing user
engagement across DeFi, NFTs, and Layer 2 solutions.
🔹 10.3 Million Weekly Transactions
Ethereum processed over 10.3 million transactions in a single week the highest since the DeFi summer of May 2021. This marks a major resurgence in network utility and developer confidence.
💡 Why It Matters:
These metrics reflect Ethereum’s continued dominance as the leading smart contract platform, even amidst rising competition from alternative Layer 1s. As scalability solutions mature and ETH 2.0 progresses, Ethereum’s role as the foundation of Web3 is becoming stronger than ever.
📈 The momentum is real. Is the next bull leg building on Ethereum?
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#SmartContracts #ETH2024 #gasfees #CryptoAdoption #EVM