Ethereum active addresses rose 10% from 306K to 336K in 48 hours. ETH trades at $1,766.31, down 1.87% due to recent profit-taking. Active addresses to the Ethereum network are finding a 10 percent rise in 48 hours, indicating a significant activity uptick. The number of active addresses increased from 306,000 to 336,000 between the 20th and 22nd of April, 2025, according to the data. Such a surge is a good sign that the Ethereum blockchain (and the network that powers it) is growing and getting more engaged. The native currency of Ethereum, ETH, shows all signs of approaching a crucial price breakout. ETH has fallen by 1.87% throughout the past 24 hours to establish its current market value at $1,766.31. The market shows declining trends along with higher network activity, which has analysts speculating about a value increase up to $1,850. Network Activity Signals Robust Growth Increased active addresses indicate a greater number of interactions inside the Ethereum network. It includes transactions, smart contract executions, and activities in decentralized finance (DeFi) protocols as well as non-fungible token (NFT) markets. The increased usage of the network tends to correlate with the higher demand for the block space, which affects the fees of the transaction and the dynamics of the ecosystem. As a result, an illustration of this trend is clear from the data from CryptoQuant. A chart tracking Ethereum’s active addresses alongside ETH’s price shows a sharp increase in activity over the 48-hour period. At the same time, the price, which is marked on the chart, closely correlates with the active address count, hitting $1,766.31 during this period. Such spikes in network activity have historically preceded price movements, and so this is a key metric for investors. ETH Price Dynamics and Market Outlook As it stands, ETH is valued at $1,766.31, with a 1.87 percent drop from the previous day. The decline comes after a long rise in price, and some investors liquidated some of their holdings. Profit-taking is common in the market, especially in cryptocurrency markets, following an extended rally.  While the short-term pullback is in effect, ETH looks ready to break out. Analysts are paying attention to a key resistance level of $1,850.  In the past, the correlation between active addresses and price has been a good indicator, showing a growing confidence in Ethereum’s ecosystem. Also, the recent price action falls in line with the general market trends. However, Bitcoin, the world’s leading cryptocurrency, has seen huge gains to the point that it reached $94,000 on April 24, 2025. As bullish cycles continue, Ethereum tends to follow Bitcoin’s lead, and the current network activity could amplify this trend. In the coming days, ETH will be on the investors’ radar to break through the resistance levels. With the increase of active addresses, Ethereum seems to be approaching a key resistance level, so the combination of the above factors appears to be quite optimistic for Ethereum. On the one hand, short-term volatility is a thing, but the longer path to the growth of the network is solid. The post Ethereum Active Addresses Surge 10% as ETH Nears $1,850 Breakout appeared first on Live Bitcoin News.

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