Ethereum's recent price surge, following the U.S. elections, highlights renewed investor interest in the crypto sector. Since November 5, 2024, Ethereum's price has increased by 70%, raising questions about the sustainability of this rally. However, the active address data provides a promising outlook.

Ethereum's active addresses have risen from 306,000 to 417,000, a 36.27% increase, indicating organic demand rather than mere speculation. This growth suggests a healthy and sustainable rally, driven by increased transactions and interest in Ethereum's ecosystem.

The data supports a potential long-term uptrend, with rising individual investor participation likely to further boost Ethereum's momentum.