⚡ Ethereum Blows Past 1.7M Daily Transactions — The Network Is ON FIRE! 🔥
Ethereum is heating up like never before. After weeks of sluggish action, the world’s top smart contract platform is back — and it’s breaking records. 📈
🚀 The Surge in Numbers:
📊 Daily Transactions:
➤ From 1.2M on Monday ➝ to 1.729M by Wednesday
➡️ +50% growth in just 48 hours
➡️ Highest in 16 months — First time above 1.7M since Jan 2024
📬 Daily Active Addresses:
➤ Up ~50% in 4 days
➤ From 345K ➝ to 593K
💥 What’s Driving the Hype?
✅ ETH Price Surge: Blasting past $2,400, luring traders & smart money back
✅ On-Chain Action: Nansen data confirms massive wallet activity
✅ Return of Retail?: Participation suggests buying interest is heating up again
But wait — not all is bullish...
⚠️ Seller Dominance Creeps In
💸 In the last 24 hrs:
🟢 Buy Volume: $78.15M
🔴 Sell Volume: $90M
= Net Selling Pressure 😬
📉 Transaction Breakdown:
➤ ~52K Buy Txns (24.3K buyers)
➤ ~74K Sell Txns (32K sellers)
Bottom Line: Even though usage is at ATHs for 2025, sellers are still outweighing buyers.
🔍 What This Means for ETH Price:
🔥 If current momentum holds and buyer dominance flips, ETH could target:
➡️ $2,550 ➝ $2,600 ➝ then $2,720
😬 If sellers keep control, $2,320 support could be tested again.
🧠 Analyst Take:
“This kind of network activity is fuel — but if it’s being burned by sellers, we need to watch the trend carefully.”
🎯 Final Word:
Ethereum isn’t asleep anymore. The chain is alive, buzzing, and demand is real. But whether ETH flies or fizzles depends on what comes next...
Bullish energy is here. Will price follow?
#Ethereum #ETH #BlockchainBoom