Citi Flags Address-Poisoning Scams as Driver of Ethereum Activity Spike

Ethereum (CRYPTO: $ETH) has seen a rise in daily transactions and active addresses, but the surge may not reflect organic network growth, according to Citigroup (NYSE: $C) analysts. In a recent report, Citi said much of the recent increase in onchain activity appears linked to scam-related behavior rather than genuine user adoption, raising questions about the reliability of headline network metrics during periods of low transaction costs. source: https://www.cryptoprowl.com/releases/citi-flags-address-poisoning-scams-as-driver-of-ethereum-activity-spike-3043