Ethereum’s Bullish Momentum Builds as Whales and Institutions Bet Big on Long-Term Growth
The post Ethereum’s Bullish Momentum Builds as Whales and Institutions Bet Big on Long-Term Growth appeared on BitcoinEthereumNews.com.
While Ethereum (ETH) is presently sitting near the all-important $2,500 price level, its fundamentals have never looked stronger. All across the board, the network’s underlying strength has been showing like gangbusters lately. With ever-increasing amounts of user activity, institutional-level accumulation, and other altcoin activity, there seems to be a full-blown setup with Ethereum and the entire crypto market for an altcoin rally in the near future. User Activity Surges as Network Growth Accelerates One of the most evident signs of Ethereum’s growing usefulness is the number of fresh addresses that appear every week. Between 800,000 and 1 million new Ethereum addresses are being created every week. Not only is this massive growth in fresh addresses a clear sign that not only are people making Ethereum accounts but also that they are making the accounts in a fashion that could largely be described as sustainable, it appears that Ethereum is doubling up in the old adage that any publicity is good publicity. Whether the new accounts are being used for dApps, DeFi, or merely as a store of value (which is how some people might describe the Bitcoin half of their investment), they’re all good signs. 📊 As Ethereum trades right at the $2,500 level, the utility and growth of the network continues looking healthier than ever. The amount of new weekly $ETH addresses created is ranging around 800K-1M per week, compared to about one third less at this point last year. pic.twitter.com/K1nxFBVlqL — Santiment (@santimentfeed) June 19, 2025 The strong developer community that surrounds Ethereum together with its unshakeable position as the main platform for smart contracts and decentralized finance has converted Ethereum into a real focal point for both individual and institutional users. This is a world in which even the most reliable paths can lead off a cliff,…
Filed under: News - @ June 22, 2025 3:26 am