Growth in institutional and DeFi interest drives Ethereum network active addresses to surge 37% in March

Odaily Planet Daily News: With the growth of institutional and DeFi interest, the number of active addresses on the Ethereum network has increased by 37% to 575,000 from a three-month low of 420,000 in November last year. In addition, its daily transaction volume has risen from a 12-month low of 1 million to 1.3 million. In the DeFi field, Uniswap maintains its leading position in DEX with a 22% market share, processing nearly $1 billion in daily transaction volume. However, Ethereum network fees continue to trend downward, with fees generated in 24 hours of $2.22 million, down from nearly $4 million in December 2024.