In June 2025, Ethereum recorded a sharp increase in the daily activity of ERC-20 addresses, reflecting a heightened user interest in decentralized finance and Layer 2 activity.
Surge in ERC-20 Address Activity
The number of daily active ERC-20 addresses in Ethereum reached 462,000 in May 2025, representing a 35% year-over-year increase. This surge was driven by increasing interest in assets like Wrapped Ethereum (WETH) and other tokens through Layer 2 solutions such as Optimism.
Impact on Decentralized Finance
Data indicates strong participation from DeFi protocols and the growing impact of Layer 2 solutions on address activity. Major projects like Wrapped Bitcoin (WBTC) and WhiteBIT Token (WBT) contributed to the growth. The effective operation of the network may signal significant changes in personal investments and increased institutional interest.
Prospects and Consequences
The increase in network activity can enhance liquidity and total value locked across DeFi platforms. Record address activity has been confirmed for June 2025, which also impacts financial implications, including potential regulatory changes and technologies. As highlighted by analysts at Santiment, "Wrapped Ethereum (WETH) led network growth with a 648% surge in new addresses this past week, highlighting a massive influx of user activity on the Ethereum blockchain."
The rise in ERC-20 addresses in Ethereum signals a renewed interest in decentralized finance and potential market restructuring. This uptick may lead to increased liquidity and apply pressure on regulators, possibly resulting in changes within the cryptocurrency ecosystem.
