Ethereum sees second-highest on-chain activity in history
The network saw over 1 million unique active wallets accepting or sending ETH, the second -highest amount in the asset’s history . The Ethereum (ETH) network registered a spark of activity on Sept. 13, as the number of unique active wallets (UAW) connected to the network hit 1,089,893. In an X post, Blockchain analysts at Santiment said this was the second -highest amount of UAW in Ethereum’s 8+ year history , suggesting that such spikes “could be the capitulation signal needed for prices to rebound.” Daily active addresses interacting with ETH (orange) vs Ethereum price (green) | Source: X The last time the Ethereum network witnessed a spike in on -chain activity was on Dec. 9, 2022, when the amount of UAW set an all-time high at 1.42 million, with ETH trading at around $1,265, according to data from Santiment. Daily active addresses interacting with ETH (black) vs. Ethereum price (green) | Source: Santiment FTX liquidations as a possible trigger Alt...