Surge in New Ethereum Wallets Hints at Network's Growing Utility

IconCryptoNewsTerminal Staff09 Sep, 2024

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Surge in New Ethereum Wallets Hints at Network's Growing Utility

The number of new Ethereum wallets created reached 126,200 on September 8th, the highest since May 5th. This surge, reported by Santiment, suggests increased network utility. Historically, such growth has often preceded price rallies.