Ethereum has seen significant network growth, with active addresses surging past 5 million, but has its price caught up?
Ethereum’s active addresses have surged past 5 million across its mainnet and Layer 2 networks, highlighting the growing dominance of the platform.is leading the charge among Layer 1 and Layer 2 platforms regarding active addresses. Over 5 million active addresses are now recorded across the Ethereum mainnet and its L2 networks as of October 2024.
Additionally, data shows a consistent climb in active addresses throughout 2024, with a significant spike in early October.price movement has remained relatively modest. As of October 22, 2024, Ethereum is trading at $2,642, marking a slight decline of 0.85% in the last 24 hours. Additionally, the Average True Range of 96.16 shows a small uptick in volatility but not enough to suggest a major price movement.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
6 Reasons to Attend Avenue’s 2024 Top 40 Under 40 PartyMix and mingle with influential Calgarians, enjoy delicious food and drinks, listen to live music and more.
Read more »
Drone strike in Israel wounds almost 40 as Hezbollah is blamedIsraeli rescue services said almost 40 people were wounded in a drone strike in the central city of Binyamina on Sunday, three of them critically. The Hezbollah militant group was blamed for one of the most serious strikes to land in Israel in a year of war.
Read more »
Wormhole (W) Price Surges Over 40% As Bulls Target $0.52Wormhole's price has surged over 40% in the past 24 hours, breaking through key resistance levels and signaling a potential move towards $0.52. The recent surge is attributed to increased trading volume and bullish conviction in the market.
Read more »
40 Wittiest One-Panel Cartoons By Lynn Hsu That Hopefully Will Give You A Good LaughWe are excited to present some of Lynn Hsu's one-panel cartoons that we’re sure you’ll love!
Read more »
Toronto tribunal reduced 40% of parking ticket fines last year on appeals citing 'hardship'Coun. Stephen Holyday questions why so many parking tickets are being reduced or cancelled on appeal to the city's Administrative Penalty Tribunal.
Read more »
The Toronto tribunal reduced 40% of parking ticket fines last year on appeals citing 'hardship'Coun. Stephen Holyday questions why so many parking tickets are being reduced or cancelled on appeal to the city's Administrative Penalty Tribunal.
Read more »