Ethereum: Will fresh demand again push ETH past $4K?

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The daily count of new addresses on Ethereum [ETH] assessed on a seven-day moving average reached a year-to-date (YTD) high of 116,000 on...

This marked a 35% increase from the 86,000 unique addresses that appeared for the first time in a transaction of the native coin in the network on 1st January.

As transaction volume rallied, the average fee paid per transaction on the network also climbed. According to The Block’s data, this reached a YTD high of $25 on 11th March.Despite the recent uptick in demand for the Ethereum network, its decentralized finance and non-fungible token ecosystems have witnessed declines.

Source: Digital Coin News (digitalcoinnews.net)

 

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