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
I don't think the current rally in ethereum price happens due to DeFi hype, it is happening after the long wait and also due to ethereum 2.0 so people are much interested in acquiring the ethereum over the ethereum blockchain based project.Maybe at the end of this year we could see the four digit value if the bitcoin current rally turns into bullish trend.