Ethereum continues to be a cornerstone of the blockchain ecosystem, not just due to its market performance but also because of its underlying network activity. This article explores Ethereum’s current network data, providing a clearer understanding of its operational landscape.
Total and active addresses
According to the latest data, the total number of Ethereum addresses has averaged 116.98 million over the past 30 days. The number peaked at 117.29 million on August 23 and reached a low of 116.62 million on July 25, reflecting the dynamic nature of network participation.
When we look at daily active addresses, the data shows a 7-day decrease of 5.85%. Interestingly, the number of new addresses saw a 7-day increase of 9.82%, indicating ongoing adoption despite fluctuations in active participation.
Transaction volume and number of transactions
Ethereum’s transaction volume offers further insight into network activity. Over the past seven days, the average transaction volume was 1.67 million ETH. The highest volume recorded was 2.67 million ETH on August 23, while the lowest was 766.36k ETH on August 18. This variability showcases the ebb and flow of Ethereum’s network activity.
The number of transactions also reflects Ethereum’s active usage, with a 7-day average of 1.04 million transactions. The peak occurred on August 23, with 1.1 million transactions, while the lowest point was on August 17, with 984.97k transactions.
Conclusion
Ethereum’s network data underscores its continued significance in the crypto space. Despite some address activity and transaction volume fluctuations, the overall picture remains robust. Ethereum continues to serve as a vital platform, supporting a large and active user base. For more detailed analyses, IXFI’s Coin Info Center is the go-to resource.
