Ethereum Surges 62.7% in Active Addresses Amid Renewed ETF Inflows

Ethereum experienced a significant network boost as active addresses hit 15.4 million—marking a 62.7% increase in just one week. This surge comes at a time when Ethereum ETF products reversed a two-month trend of outflows by netting $64.12 million in inflows, suggesting a potential shift in institutional sentiment towards ETH. The uptick in activity spans across decentralized applications, decentralized finance, and Layer 2 solutions, signaling broad-based ecosystem engagement. Technical analysis shows ETH trading just above $1,800 with neutral-slanted indicators such as an RSI at 55 and an upward trending MACD, implying modest bullish momentum. While the market remains cautious with macro uncertainties, a breakout above $1,850 could rejuvenate momentum, and support near $1,740 is deemed crucial if sentiment sours. These key developments highlight renewed investor interest in Ethereum as a leading altcoin, potentially driving further price appreciation over time.