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On-chain data doesn't lie; 550k daily active addresses hit a new high, but the price is sleeping—those who understand, understand.
Ethereum network activity continues to surge despite recent price weakness:
- Active Addresses have reached a new ATH above 550,000 daily
- This marks a strong bullish divergence from price action
As highlighted by on-chain analysts, this record network usage while price lags often signals potential undervaluation.