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Ethereum Wallet Count Surges Past 175.5M as Staking Drains Exchange Supply


Ethereum Wallet Count Surges Past 175.5M as Staking Drains Exchange Supply

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Ethereum (ETH) dropped to almost $2,800 amid geopolitical tensions but rebounded above $3,000 by Wednesday. The network is experiencing growth with record wallet numbers and a decrease in exchange-held supply.

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Ethereum (ETH) slid to nearly $2,800 over the weekend as rising geopolitical tensions pressured risk assets. The pullback, however, was followed by a modest rebound, which lifted the crypto asset back above $3,000 by Wednesday.

Despite this volatility, the network keeps growing, with record wallet numbers and a shrinking exchange-held supply.

Read the article at CryptoPotato

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In This News

Coins

$ 1.87K

-5.69%

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View analytics →
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