Ethereum Price Stable at $2,500 as New Addresses Surge 50%

Generated by AI AgentCoin World
Monday, Jun 23, 2025 2:31 am ET2min read

Ethereum (ETH) has maintained a steady price point around $2,500, driven by a recent surge in network activity. The latest on-chain data reveals that approximately 1 million new ETH addresses have been created weekly since mid-May 2025. This figure represents a significant increase from the roughly 670,000 new weekly addresses generated during the same period last year. This metric suggests a robust underlying network potential for ETH, which has consolidated around the $2,500 mark. According to forecasts, the number of new weekly addresses could continue to rise by over 30% annually, indicating growing network adoption and widespread ecosystem utility. The number of new addresses is widely regarded in the crypto sector as a signal of long-term adoption and user growth. As a result, analysts interpret this data as a sign of bullish momentum for Ethereum, suggesting that demand-side strength is quietly building and could surge at any moment.

Investors are strategically positioning themselves to capitalize on this anticipated altcoin rally. One notable investment opportunity is Mutuum Finance (MUTM), a promising project currently in its presale phase. According to projections, Mutuum Finance (MUTM) could experience a 2,850% increase in value upon its launch. Despite market uncertainties, data indicates that Ethereum (ETH) is performing better than Bitcoin (BTC), a rare occurrence given their usual close correlation. Before the recent Middle East conflict, Ethereum was outperforming Bitcoin and has since remained stable despite significant market shocks. This resilience, coupled with positive address data, suggests that Ethereum could rise further. As more capital flows into Ethereum (ETH), analysts predict that it could trigger a new altcoin rally, with major investors already positioning themselves to benefit from this expected surge. For instance, Mutuum Finance (MUTM) has seen a recent uptick in participation, with over $10.95 million raised in its ongoing presale.

One reason why Mutuum Finance (MUTM) has gained favor among investors is its focus on utility. Historically, the focus has been on meme coins as investors sought quick gains. However, the crypto sector has increasingly recognized that reliable value growth comes from utility. Ethereum serves as a prime example, with its price rising 89,000% since its launch and continuing to consolidate gains due to its utility and high liquidity. Mutuum Finance (MUTM) aims to follow a similar path, operating as a decentralized non-custodial protocol where users can participate as lenders, borrowers, or liquidators. As lenders, users can deposit assets in a pool to earn interest, with rates based on the pool utilization rate. As the utilization rate rises, so does the interest rate, encouraging borrowers to repay loans and lenders to deposit more liquidity, achieving optimal capital efficiency.

For Mutuum Finance (MUTM) to achieve market efficiency, reliable and accurate pricing is essential. The project plans to implement Chainlink price data oracles, a trusted source of data in the DeFi world. Additionally, backup price oracles will be used to ensure a reliable data source when the primary one is unavailable. Both oracles will run concurrently as a redundancy measure. Mutuum Finance (MUTM) also plans to use time-weighted price averaging as a reference point when there is sufficient on-chain volume, sourcing data from popular decentralized exchanges (DEXs). The goal is to ensure fair price discovery on Mutuum Finance (MUTM) while maintaining the highest possible uptime.

The MUTM token presale is currently in phase 5, with over $10.95 million raised from over 12,350 unique buyers. Despite a 200% increase in the token price to $0.03 from the phase 1 price of $0.01, the presale has been a massive success. In the upcoming phase 6, the token price will increase by 16.67% to $0.035. With 45% of the tokens set aside for phase 5 already sold, barely two weeks after launch, this is the last chance to acquire Mutuum Finance (MUTM) tokens at a 50% discount off the listing price of $0.06. Investors are encouraged to act quickly to position themselves to benefit from the upcoming altcoin rally. For more information about Mutuum Finance (MUTM), visit the official website or linktree.

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