Active Ethereum Addresses Touch 2020 Levels, Will Price Follow?

Ethereum active addresses have continued to decline. This follows the market crash where the price of Ethereum had dropped to below $1,000 before staging another recovery. This decline has shown various implications for the digital asset and also points towards how investors could be feeling towards the digital asset.

Activity Falls To 2020 Lows

Data from the Block shows that the active addresses on the Ethereum network on a seven-day basis are down. These active addresses had hit a new…


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