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Ethereum takes a breath. While his course is trying to bounce, the network records an explosion of new users. With 1.83 million deposits per week, the Defi crypto stars return to investors. A powerful signal that could announce the conversion of the trend.
In short
- Ethereum recorded 1.83 million new users in one week.
- The level of new deposers is close to 40 %, which is a sign of renewed interest in crypto.
- Whales intensify their transactions with slight domination of purchases for sale.
- Ethereum could be reflected around $ 1,660 and start a new bull cycle.
1.83 million new users in one week on Ethereum
Ethereum has unexpected dynamics. Despite the still hesitant price on the markets, its foundations clearly improve, as evidenced by the latest data. In fact, the adoption of ETH increased last week, with an increase in the level of new users approaching 40 %. Result? 1.83 million new unique deposers interact with the network.
Such a revival of interest emphasizes the change of tone in the crypto ecosystem. This growth shows that users interact with Ethereum, through centralized platforms (CEX), Stuking or Defi protocols. Unlike clean speculations, these signals indicate a long -term commitment, the maturity market.
Whale on the lookout tower!
According to recent analysis, the main holders – also called whales – They are particularly active. The number of their transactions increased in a few days from 2,330 to 4,340, reflecting strong market activity. In particular, the clean flow on the stock market platforms shows a slight surplus to purchase: 392 950 ETH as an appetizer against 390,000 Ethereum at the output. A sign that the application is currently prevailing on sales pressure.
Directed towards Ethereum?
If this dynamics continues, Ethereum could find colors on her graphics. In the short term, a return to $ 1,660 is possible. On the contrary, an increase in volatility could increase the price to $ 1,540.
But one thing is for sure: with the massive influx of new users and the permanent activity of large carriers, it consolidates its bases. In the uncertain market context, this trend could lean this trend.
With transaction costs, which fell by 90 %, a sharp increase and permanent activity of the main investors, Ethereum shows clear signs of strengthening. If this dynamics is maintained, the crypto could start a new bull cycle. It remains to be found whether the market will confirm this market in the coming weeks.
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The world is evolving and adaptation is the best weapon that survives in this undulating universe. I am interested in everything about blockchain and its derivatives. To share my experience and promote an area that fascinates me, nothing better than writing informative and relaxed articles simultaneously.
Renunciation
The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.