Ethereum News Today: Ethereum Active Addresses Hit 674,880 as Exchange Outflows Exceed $100M and Price Stabilizes Above $3,500

Ethereum’s active addresses have surged to 674,880 as of August 2, 2025, nearing levels last seen during the 2021 market peak of approximately 750,000 [1]. This indicates a strong and sustained increase in user engagement across the Ethereum network. Analyst TedPillows notes that the current growth pattern differs from previous cycles, which were often driven by speculative buying. Instead, the rise in active addresses now reflects more organic and long-term adoption [1].

Simultaneously, Ethereum has experienced significant exchange outflows, with over $100 million withdrawn from exchanges between July 18 and August 3, 2025 [1]. This trend suggests that investors are increasingly choosing to hold their Ethereum assets long-term rather than engaging in short-term trading. Such behavior is often a precursor to price stability or appreciation, as reduced liquidity on exchanges can limit downward pressure on prices [1].

Ethereum’s price has also stabilized above the $3,500 level following a sharp decline from a high of nearly $4,000 to a low of $3,100 earlier in August [1]. While the price drop initially triggered a brief rise in exchange inflows as some investors cashed in profits, outflows resumed once the price stabilized. The current trading range of $3,550–$3,600 aligns with the broader trend of investor confidence and reduced selling pressure [1].

The convergence of rising active addresses, sustained exchange outflows, and price stability reflects a maturing Ethereum ecosystem. The network’s growth appears less reliant on speculative behavior and more on real-world usage and long-term conviction among holders. This combination of factors supports a narrative of increased utility and value retention, suggesting Ethereum’s continued dominance in the blockchain space [1].

Source: [1] Ethereum Active Addresses Near 2021 Levels as Price Stabilizes Above $3,500 Amid Exchange Outflows (https://en.coinotag.com/ethereum-active-addresses-near-2021-levels-as-price-stabilizes-above-3500-amid-exchange-outflows/)