Ethereum News: Mainnet Activity Jumps Past Layer-2s, but Dust Attacks Muddy the Picture

Ethereum news: Mainnet activity jumps past layer-2s, but dust attacks muddy the picture

Ethereum’s daily active addresses climbed above major layer-2 networks in January as lower fees revived on-chain activity.

Ethereum Active Addresses Surge Amidst Security Concerns

The post Ethereum Active Addresses Surge Amidst Security Concerns appeared on BitcoinEthereumNews.com. Key Points: Ethereum active addresses increased, temporarily surpassing Layer 2 volumes. Address poisoning raises concerns about inflated activity. Analysts question the sustainability of on-chain activities. Ethereum’s daily active addresses surged to 1.3 million in January due to decreased transaction fees, briefly overtaking Layer 2 networks…

Ethereum hits 1.29M active addresses, but security risks loom – Why?

The Ethereum network appeared to have gotten wildly popular among users, and has surpassed the leading L2s in daily active addresses.

Ethereum Mainnet Activity Surges Past Layer 2 Networks

Ethereum’s main blockchain just handled more daily activity than its faster and cheaper side networks. ETH price barely moved during the spike, which suggests traders saw this as a usage story rather than a trading event. It comes at a time when lower fees are pulling people back to Ethereum’s main chain after years of traffic drifting to smaller networks. Why Ethereum Is Busier Than Its Side Networks Ethereum has a main road, called the mainnet…

Ethereum Fees Hit Record Lows as Contract Deployments Surge

Ethereum’s transaction fees dropped to all-time lows as smart contract deployments reached new peak records. Data released by Token Terminal on Jan. 23 confirmed a shift in the types of activities on the Network. The trend is drawing investor attention as Ethereum shows signs of improving long-term price structure on higher timeframes. Ethereum’s Low Fees Signal Network Shift Data provided by Token Terminal showed that the average Ethereum Layer…