Ethereum’s daily active address has hit a new all-time high surpassing the previous peak by a whopping 50%. This massive increase comes amid the latest developments on the Merge front. The huge spike in address activity typically signifies an increased network adoption and demand for its native token.
The new ATH of the daily active address comes at the backdrop of Ethereum devs finalizing the merge testnet details.As part of the announcement, the devs said that the latest proof-of-stake testnet transition will be on the Goerli testnet, which happens to be the closest simulation of the Ethereum mainnet. Prater is Goerli’s version of the Beacon Chain, and the Merge is expected to take place between August 6 and 12 in an upgrade dubbed “Paris.”#togrp7