Network Activity on Ethereum Continues to Rise: Is This the Start of a New Bull Run?
Is Ethereum gearing up for its next major bull run? Recent data suggests network activity is experiencing a significant resurgence, painting a promising picture for the future of ETH. Blockworks reported today that Network activity on Ethereum is continuing to rise, with DEX Uniswap “leading the charge.” But what's driving this surge?
Key Metrics Indicate Strong Growth
Several factors point towards increased adoption and utilization of the Ethereum network. Neither the Ethereum’s network activity is experiencing a strong resurgence. The number of active addresses has jumped by 70%, while daily transactions continue to grow. This dramatic increase showcases growing user engagement and a renewed interest in decentralized applications (dApps) built on Ethereum.
Furthermore, Ethereum’s network activity is surging, with the number of active addresses surpassing 620,000 last week, marking the highest level since March 2025, according to IntoTheBlock. This surge in active addresses indicates more users are actively engaging with the Ethereum blockchain.
Uniswap and Layer-2 Solutions Fuel the Fire
The Blockworks report highlighted Uniswap's role in driving network activity. Decentralized exchanges (DEXs) like Uniswap are becoming increasingly popular, offering users a decentralized alternative to traditional cryptocurrency exchanges. Hace 15 horas Ethereum network fundamentals improve alongside its resilient ETH futures markets. An increase in layer-2 transactions highlights ecosystem growth. This is supported by the growth of Layer-2 solutions on Ethereum. Layer-2 solutions are designed to increase transaction speeds and reduce gas fees, making Ethereum more accessible and scalable.
New Wallet Addresses and Institutional Interest Spike
10 de sept. de 2025 Ethereum network experiences its highest growth in four months: With over 126,000 new wallet addresses created on September 8, signaling renewed interest and adoption of the Ethereum blockchain. This growth, combined with The Ethereum network's recent surge in activity, combined with substantial accumulation by long-term holders and renewed institutional interest, paints a promising outlook for Ethereum's future.
A Closer Look at Active Addresses
CryptoQuant’s latest analysis stated that Ethereum’s active addresses increased from 306,211 to 336,366 within just two days, an almost 10% jump. This surge Ethereum’s active addresses increased by nearly 10% between April 20, jumping from 306,211 to 336,366. This period also featured changes in network metrics like transaction volume and gas prices, further solidifying the trend of increased network activity.
The JPMorgan Perspective
While some reports remain cautious, it's clear that Ethereum's network activity is on the rise. Hace 1 día The Ethereum blockchain has yet to see a significant increase in activity despite successive upgrades, investment bank JPMorgan (JPM) said in a research report. It's important to consider various perspectives when analyzing market trends.
Conclusion
The increase in active addresses, transaction volume, and the adoption of Layer-2 solutions all point towards a resurgence in Ethereum's network activity. While the long-term impact remains to be seen, these positive indicators suggest a promising future for the Ethereum ecosystem.