Ethereum (ETH) Attracts New Investors: Holdings Jump New data suggests renewed interest in Ethereum (ETH). Glassnode, a leading on-chain analytics firm, recently reported a significant increase in ETH holdings by new investors. Since the beginning of July, addresses holding Ethereum for the first time have collectively increased their holdings by 16%. Reviving Interest and Inflows This surge indicates a potential revival of interest in Ethereum, signaling new capital flowing into the cryptocurrency. The increase suggests that newcomers are confident in Ethereum's long-term prospects, driven by factors such as the upcoming developments and growing adoption of Layer-2 solutions. This influx of new investment could potentially drive positive price action for ETH in the coming months. ```