Ethereum Sees Growth in Active Addresses Despite Layer 2 Network Decline

According to ChainCatcher, Cointelegraph reports that over the past year, the number of active addresses on the Ethereum network has increased by 25%, with transaction volume rising by more than 20%. However, as activities related to airdrops have cooled down, several Ethereum Layer 2 networks have experienced a decline in usage. Data from Nansen indicates that Ronin saw the largest drop in active addresses, with a decrease of 70%, while ZKsync experienced the most significant decline in transaction volume, falling by 90%.