While numerous cryptocurrencies are experiencing significant downturns due to broader market volatility, the Ethereum (ETH) network is experiencing a substantial growth surge, hitting its highest levels in four months. This notable uptick has sparked speculations about the possibility of a subsequent price increase.
Ethereum Network Sees Explosive Growth
In an X (formerly Twitter) post on September 9, Santiment, a market intelligence platform, unveiled a recent positive change in the Ethereum network. According to data from Sanbase Pro, the Ethereum network has experienced a notable increase in its growth levels, signaling renewed activity and potential bullish momentum for the cryptocurrency.
Sharing a detailed chart depicting ETH’s price movements and network growth over the past few months, Santiment revealed that the number of daily new wallets on the network has soared dramatically. Typically, a growth surge…
