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Ethereum Network Activity Declines Following Price Pullback

Ethereum Network Activity Declines Following Price Pullback

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by Son Min-ho

8 months ago


Ethereum's recent price pullback has led to a significant decline in network activity, raising concerns among market observers. Based on the data provided in the document, as user engagement wanes, experts are analyzing the implications for the broader ecosystem.

Снижение активности на Ethereum

Market expert Leon Waidmann highlighted a stark drop in the number of weekly active wallet addresses on the Ethereum network, plummeting from a peak of 20 million in June 2025 to just over 8.2 million. This decline signals a slowdown in user interaction with decentralized finance (DeFi), non-fungible tokens (NFTs), and on-chain transactions, which are critical components of Ethereum's ecosystem.

Связь с airdrop-фармингом

The decrease in activity is believed to be linked to a reduction in airdrop farming activities across Layer 2 solutions, which have been popular among users seeking to maximize their returns. However, despite the drop in active wallets, there is a notable trend of ETH being withdrawn from exchanges, indicating that many investors still hold a positive outlook on the altcoin's future price movements.

The recent decline in Ethereum's network activity contrasts sharply with the significant downturn in the meme coin market, particularly affecting DogeWifhat. For more details, see the full report on the DogeWifhat decline.

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