Quote from: $anounimus$ on July 02, 2020, 10:39:49 AM

Quote from: Ceyflix-Rez on July 01, 2020, 06:09:16 PM

Ethereum is growing popularity has largely been attributed to the rising interest in DeFi projects, what's going on? Will ethereum finally be able to leave it's 3 figure value?

The number of daily addresses interacting with ETH has surge in the past 24 hours to a Two Years single day high of 486,000 addresses! The last time Ethereum's address activity was this high was on May 5th, 2018

You are right and this is the reason why many people go to ETH because they already have a market and have investment potential and the price goes up.

It can't be a good indicator to determine how far ethereum will go with the DeFi that built on ethereum platform, we must understand about how much the active address from those new address. There will always be a chance for some address to be used as temporary address only.