Ethereum Addresses Dem Don Reach 2025 High As ETF Money Dey Enter
Ethereum daily active addresses reach height for 2025 at 841,100 for July, showing strong network activity despite ETH price drop under $3,500. Spot ETF inflows encourage institutional interest: ten Ethereum ETFs buy 8,183 ETH (≈$29.8 million) on August 1. BlackRock’s ETHA lead with 4,841 ETH, pushing holdings over 3 million ETH (≈$11 billion). Grayscale and Fidelity add 1,989 ETH and 1,498 ETH respectively. The rise in Ethereum daily active addresses driven by growing DeFi and on-chain usage happens alongside near 10% price pullback linked to wider market correction and Fed rate hold. These factors show sustained user involvement and strong demand from institutional investors. As network activity and ETF inflows signal lasting confidence, traders should watch on-chain metrics and ETF subscription trends to gauge short-term volatility and long-term bullish momentum for Ethereum.
Bullish
Di kombain surge for Ethereum daily active addresses and big spot ETF inflows dey point say demand strong, dis news dey bullish. Historically, peaks for on-chain activity—like DeFi booms—dem dey happen before price go up. Meanwhile, major ETF buys (ETHA, Grayscale, Fidelity) dey follow Bitcoin ETF trends wey dey push market rallies after initial wahala. Even though ETH price drop nearly 10% after market correction and Fed rate decision, the high engagement level show say user base strong. For short term, traders fit see consolidation around $3,500 as ETF inflows steady. For long term, network growth and institutional accumulation fit drive fresh upward momentum, especially if macro conditions remain supportive.