🚀 Ethereum network activity surges as unique active wallets (UAW) hit 1,089,893 on Sept. 13, the second-highest in its history! 📈 Blockchain analysts suggest this spike could signal a price rebound. The last on-chain activity surge was on Dec. 9, 2022, with 1.42 million UAW and ETH trading at $1,265.
🔍 Possible trigger: US Bankruptcy Judge approves FTX's request to sell up to $100M weekly to return funds to creditors. FTX set to sell $3.4B worth of crypto in total.
🌐 Crypto market rises despite US CPI coming higher than expected and FTX's liquidation approval. Global crypto market cap increased by $55B on Sept. 13.
💬 What do you think about this surge in Ethereum network activity? Share your thoughts in the comments!