The Ethereum network is regaining strong growth momentum as the number of active addresses reaches 575,000, marking an impressive increase of 37% compared to the three-month low of November, which was only 420,000.

Not only has the number of users increased, but transaction activity on the network has also seen a significant recovery. The daily transaction count has surged to 1.3 million, up from the 12-month low of 1 million. In the DeFi sector, Uniswap continues to affirm Ethereum's long-term appeal by maintaining its position as the leading DEX with a 22% market share, processing nearly 1 billion USD in transactions daily.