Ethereum recorded 989,500 active addresses in just 24 hours, its highest daily activity since March, according to Santiment.

That means more wallets were actively interacting with the Ethereum network than at any point in the past few months.

Rising activity points to stronger network usage beyond $ETH price movement. DeFi, stablecoins, tokenized assets and other Ethereum-based applications continue to bring users onto the network.

The next thing to watch is whether this high activity can continue.

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