Bullish on-chain signals are starting to stand out for Ethereum, as active addresses have climbed to record highs even while price action remains under pressure.
According to insights shared by CryptoOnchain, this divergence between network activity and market price could be an important signal that ETH is currently undervalued.
Historically, rising user activity during price weakness has often preceded stronger long-term recoveries, making this a key metric to watch closely in the coming sessions.
$BTC
According to insights shared by CryptoOnchain, this divergence between network activity and market price could be an important signal that ETH is currently undervalued.
Historically, rising user activity during price weakness has often preceded stronger long-term recoveries, making this a key metric to watch closely in the coming sessions.
$BTC