On April 22, 2025, Ethereum (ETH) surged by 11% to approximately 1,744 USD. This increase coincides with a significant upswing in network activity, as seen with a 29.2% rise in active addresses and a 30% increase in transactions.
Key momentum indicators are suggesting further bullish movement for ETH. It has broken above its 21-day exponential moving average, indicating a potential target of 3,000 USD in the forthcoming weeks as market interest grows.
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