According to the onchain data, Ether Lee Rium Maeil Active Address Metric recently filmed. This means that it is a cryptocurrency.
Ether Lee's Daily Daily Activity Address The highest level in 2 years
According to data from Sentora, an Institutional Defi Solutions provider, Ether Leeum Blockchain has recently been brightened. “Daily Active Address” is a hot chain indicator that tracks the total number of ETH addresses that participate in any kind of transmission activity every day.
If the value of this metrics rise, it means that more users are moving from the network. This trend means that the transaction interest on cryptocurrency is increasing.
On the other hand, the indicators that observe the drop suggest that investor activities are going down from the block chain. This kind of trend can be a potential sign that attention is far from assets.
Now there is a chart that shows the trend of Ether Leeum's daily active address last year.
The value of the metric appears to have shot up in recent days | Source: Sentora on X
As shown in the graph above, Ethereum Daily Active Adverses has recently seen more than 600,000 integration levels, along with the latest rally, suggesting that price measures have been interested in assets.
Interestingly, the trend has accelerated over the last few days, and the indicator has registered a sharp spike. This rapid increase is 931,310, which is worth it, which is the highest level for almost two years.
Historically, the high trading activity of the user was often a pioneer of volatility. All the price measures from the transactions theoretically contain information that investors are moving because the daily activity address does not contain information on whether or not to buy or sell.
Since the price of Cryptocurrency has plunged, the spike of Ethereum Daily Active Advires can lead to volatility this time.
In other news, Stablecoin USDT, as described in the X-X post, has seen that the last 30-day moving average (MA) moving volume is recovered to $ 52.9 billion, as described in the X-X post.
The trend in the USDT transfer volume over the last few years | Source: Glassnode on X
As shown in the graph above, the USDT transmission volume has been steadily recovered since the 2022 conflict. GlassNode said, “This gradual climbing reflects a slow recovery in stable speed and market activities.
Interestingly, Ether Lee was not one of the top two networks that accounted for the greatest weight of the stable volume.
The data of the USDT Transfer Volume across major networks | Source: Glassnode on X
TRON and BNB are two networks leading USDT volume, which is $ 23 billion and $ 14.9 billion, respectively.
ETH price
At the time of writing, Ether Leeum has been dealing with about $ 3,650 in the last 24 hours and falling about $ 3,650.
Looks like ETH has just taken a hit | Source: ETHUSDT on TradingView
DALL-E, GlassNode.com, INTOTHEBLOCK.COM, TradingView.com
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