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Active Ethereum Addresses Jump 37% Amid Rising Institutional and DeFi Interest
The recent uptick in user engagement within the financial market indicates a notable recovery, as evidenced by the increase in daily transactions, which have surged to 1.3 million. This figure marks a significant rebound from a 12-month low of 1 million transactions, suggesting a revitalization of market activities and renewed interest among participants. Several factors…
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Crypto User Growth in 2024 Revealed by Flipsideās On-Chain Analysis
In the fiscal year of 2024, certain digital coins experienced significant growth in valuation and market adoption. Despite this uptrend, there existed a notable disparity between the surge in coin value and the corresponding increase in user acquisition within their respective networks. This phenomenon underscored a crucial factor in the cryptocurrency landscape – the imperative…