Ethereum’s Active Addresses Have Decreased By Only 7% Despite ETH’s 56% Drop From its ATH

Summary: The number of active Ethereum addresses has remained stable relative to the ongoing crypto-market pullback. Active addresses on Ethereum have only dropped by 7% despite the value of ETH plummeting by 56% since its most recent all-time high of $4,868. Ethereum daily users are estimated to be at 551k and are constantly involved in DeFi, NFTs, DAO, and GameFi projects. According to a recent report by A16z, there are somewhat between 7 to 50 million active users on Ethereum, […]