The Ethereum (CRYPTO: ETH) network has celebrated its tenth birthday, with on-chain analytics platform Santiment highlighting that key metrics reflect rising demand and activity.
What Happened: In a post on July 30 on X, Santiment data shoeds Ethereum’s daily active addresses hitting their second-highest level of 2025 on July 27, with 680,670 wallets conducting transactions.
Mean Value to Realized Value (MVRV) data show traders sitting on notable unrealized gains: +38% for annual active wallets, +15% for monthly.
Whale activity surged, with 14,628 transactions over $100,000 — the fourth-highest spike this year.
Wallets holding between 10,000–100,000 ETH accumulated 1.55 million ETH in three weeks, signaling aggressive buying behavior.
Development remains active, too — Ethereum ranks 10th in daily GitHub events, with 157 major …