RATE Group | This Ethereum (ETH) Price Rally Is Not Just About Speculations, Data Shows
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This Ethereum (ETH) Price Rally Is Not Just About Speculations, Data Shows

14 Feb This Ethereum (ETH) Price Rally Is Not Just About Speculations, Data Shows

Posted at 20:49h in Ethereum News by

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Ethereum’s explosive price growth has left many critics aghast in 2020. However, there is still a lingering question about whether or not this rally is something more than speculative buying.

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According to data provided by crypto analytics company Glassnode, Ethereum’s impressive price moves have been accompanied by growing fundamentals. In just one week, the number of active addresses has grown by 26.7 percent while ETH transactions have grown by 20.77 percent.

Glassnode

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