💥💥Ethereum is ready to rise🤙🤙
🔹 On the eve of the ETF’s listing, Ethereum network activity increased by a staggering 56%. Although ETH prices remained calm on Friday on the S1 filing news, market data shows that investors are actively preparing for major trading activity in the coming week.
📈 Looking back at the data from a week ago, a total of 17,515,610 ETH wallets participated in transactions in June. Prior to the announcement of the S-1 filing on Friday, June 21, network utilization had been fluctuating in a range of around 5%. However, since then, Ethereum network activity has seen a significant 56% increase, with the number of active addresses soaring to 806,500.
✔️ With the significant growth in the number of addresses, this may mean that many investors are adjusting their strategies or preparing for important events. A 56% surge in network activity heralds a subsequent rise in ETH prices, and we may soon see ETH prices return to the $4,000 era.
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