Ethereum’s ecosystem reached a new all-time high with 15.40 million active addresses, showcasing a significant 62.68% increase. This surge highlights Ethereum’s growing popularity and engagement, despite external market challenges.
Layer 2 chains contributed to the ecosystem’s growth, achieving a dominance of 6.65% in transactions. Particularly noteworthy is the Base chain, which saw on-chain token activity rise to nearly 4 billion USD, an impressive 80% increase from the previous week.
Tokens like MORPHO, BRETT, and WELL experienced considerable price rises, driving the positive momentum in the Base ecosystem. This indicates strong institutional interest and the potential for further growth in Ethereum’s infrastructure.
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