Growth in institutional and DeFi interest drives Ethereum network active addresses to surge 37% in March

Odaily News As institutional and DeFi interest grows, the number of active addresses on the Ethereum network has increased by 37% to 575,000 from a three-month low of 420,000 in November last year. In addition, its daily transaction volume has risen from a 12-month low of 1 million to 1.3 million.
In the DeFi space, Uniswap maintains its leading position among DEXs with a 22% market share and processes nearly $1 billion in daily trading volume.
However, Ethereum network fees continued to trend downward, with fees generated in 24 hours at $2.22 million, down from nearly $4 million in December 2024.