Ethereum hit 17.4 million weekly active addresses, up 16.95 percent in May 2025.
ETH price trades below $2,588 EMA resistance, showing weak short-term momentum.
User growth signals strong fundamentals but does not guarantee a new all-time high.
In the final week of May 2025, Ethereum’s network saw its weekly user engagement reach a new all-time high, according to data from Growthepie.
The data shows a record spike in the number of unique wallet addresses interacting with one or more chains within the Ethereum ecosystem.
Weekly Active Addresses Top 17.4 Million; Layer 2 Networks Lead Growth
During the last week of May 2025, the number of unique active addresses hit 17,409,932; a solid 16.95% increase compared to the previous week. The surge pushed Ethereum’s engagement level well above earlier peaks seen in late 2024 and early 2025.
But while total engagement was up, multichain activity actually saw a 4.33% decline. The number of addresses interacting with multiple chains dropped to 590,403. This suggests that most of the engagement increase came from users interacting with a single chain rat…
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