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Crypto Prune > News > A week since Ethereum’s activities have grown
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A week since Ethereum’s activities have grown

7 months ago 5 Min Read

A week after the implementation of the Pectra update, the Ethereum Ecosystem (ETH) will experience the growth of its activities On-chainaccompanied by an increase in the price of ether. This cites around $2,600, a level not seen since the end of February last year.

Macroeconomic factors such as the recent tariff agreements promoted by US President Donald Trump have contributed to the impulses of Bitcoin (BTC) and cryptocurrency, but in the case of ETH, some of its positive effects can be attributed to sin. Usage experience and scalability Supports the adoption of Ethereum for the network.

A booming ecosystem?

Increases data on the PIE site reflects the significant growth in Ethereum activity over the past seven days. For example, the network registered 13.6 million active addresses last week. 30% increase compared to the previous week. Of that number, just over 11 million corresponds to the L2, with 2 million new accounts added to the Ethereum main chain.

Additionally, 682,000 wallets were operated across multiple chains in this ecosystem. 15% more than crimethe advantage of the Second Layer Solution (L2) shot 22%, but handled almost six times more activity than the main network.

The statistics shown here allow you to grow the following PIE graphs: The orange bar represents the active account for L2, while the grey is the same for the Ethereum base layer. In both cases, the numbers increased last week compared to the previous one after the crime.

Meanwhile, the volume of daily trading presents a significant boom over the past seven days. May 7th, the day it was implemented, Main Net (Red Principal) From Ethereum, which has registered approximately 1.2 million businesses. At the time of this article, That number has increased to almost 1.4 million people.

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However, this statistic shows greater growth in L2: the base network is Over 7 million to 10 million transactions every day Also, another of the most-operated L2 Arbitrums, has traded 2.5 million a day, almost one million more than the ones made on May 7th.

These reviewed data have been reported over the past week. Users prefer to work on the second layer Not only are they efficient in moving and staking funds at the expense of the basic layer, but also to access a broader ecosystem, including its own markets, advanced trading tools such as bots, financial options such as loans and liquidity pools, and activities that distinguish L2 to L2 to L2 to L2. Main Net And explain their growing adoption.

Furthermore, since Ethereum usage is very important last week, the network entered, as reported by Cryptootics. Again in the deflation stageETH Burning has broadly overcome the issuance of this token, which has been in its previous state.

Tomasz K. Stańczak, executive manager of the Ethereum Foundation, also highlighted this growth and highlighted how Pertra is doing Promotion of adoption Integrating new features and trust into your network.

EIP-7702: Smart Wallet

A central element of Pein is the proposal to improve the Ethereum 7702 (EIP-7702). This will allow traditional wallets to act as intelligent contracts, simplifying complex operations.

According to data from the Dune Analysis Platform, it was run in the first week of PEIN activation. Almost 11,000 approved EIP-7702 On the main network. The following wallets are the most common of this type of operation registration at the time of this writing.

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Not only does this innovation improve usability, it also reduces dependency among multiple companies, optimizing processes such as token exchange and interaction with distributed applications.Dapp). However, this simplicity is possible Likes the risk of Hackeosas the user expresses, it is denied by others.

The Pectra update catalyzes the increased adoption and use of Ethereum, marking milestones in evolution as a network. Therefore, the network, which was jointly developed by Vitalik Buterin, has also been valued, is positioned to take advantage of this new wave of activity, meaning a turning point.

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