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Ethereum Daily Active Addresses Hit 2025 Peak Amid Price Dip
Ethereum daily active addresses surged to 841,100 in July, the highest level recorded on the network in 2025.
Ten Ethereum spot ETFs acquired 8,183 ETH on August 1, totaling nearly $30 million in institutional investment.
BlackRock’s ETHA led inflows, boosting its total Ethereum holdings to over 3 million ETH valued at more than $11 billion.
The Ethereum network has recorded its highest number of daily active addresses in 2025, despite a recent drop in the asset’s price.
According to analyst Ali Martinez, Ethereum saw a sharp rise in daily active addresses in July. Data from market tracker Santiment indicated the number hit 841,100. This marks the highest level of network activity for Ethereum this year.
Price Decline Follows Network Growth
While network participation increased, Ethereum’s price experienced a downturn. ETH fell from $3,875 to approximately $3,540, reflecting a decline of almost 10%. This pullback came in response to a broader market correction led by Bitcoin, which reacted to the U.S. Federal Reserve’s decision to keep interest rates unchanged.
On August 1, ten spot Ethereum ETFs acquired a combined total of 8,183 ETH, valued at approximately $29.83 million. This data was confirmed by blockchain analytics platform Lookonchain.
BlackRock’s Ethereum Trust (ETHA) accounted for the largest portion of the total, purchasing 4,841 ETH worth $17.65 million. This raised ETHA’s total Ethereum holdings to over 3 million ETH, currently valued at around $11.04 billion. The fund has absorbed 224,833 ETH this week alone.
Other Institutions Add to Holdings
Grayscale Ethereum Trust added 1,989 ETH, amounting to nearly $7 million. Fidelity Ethereum Fund also contributed by acquiring 1,498 ETH, equivalent to over $5.2 million. These actions reflect consistent institutional interest in Ethereum, despite current price levels.
The uptick in Ethereum network activity and ETF accumulation comes amid ongoing market volatility. The price pressure across digital assets continues to reflect macroeconomic decisions, especially those related to interest rates.
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