Home
News
Details

Ethereum Network Growth Surges in December Despite Stagnant Price

iconAMBCrypto
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
ETH
$3,027.091.79%
Ethereum network activity spiked in December, with daily wallet creation hitting multi-month highs. On December 15, over 195,000 new wallets were created, according to Santiment and TradingView. Despite this, Ethereum price today remains in a tight range between $2,800 and $3,300 for nearly six weeks. Holder sentiment has improved from negative to neutral-positive, suggesting early bullish signs. The $2,860–$2,900 support level has held, and sustained network activity could signal a trend reversal.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.