🔥 UPDATE: ETHEREUM IS PULLING IN NEW USERS — AND KEEPING THEM

Ethereum is seeing a sharp rise in retained new user activity, with a noticeable surge in first-time addresses that stayed active over the past 30 days, according to Glassnode.

This is the kind of data that rarely gets hype because it isn’t flashy — but it’s far more important than short-term price moves. New users showing up is easy. New users sticking around is hard. Retention signals that people aren’t just speculating once and leaving; they’re actually finding reasons to come back.

That points to real usage. Apps are being used, transactions are being made, and on-chain behavior is turning habitual rather than opportunistic. This is how networks grow quietly, long before narratives catch up.

Here’s the part most traders overlook. Price can move without users, but sustainable value can’t. Retention is a leading indicator of ecosystem health, not market euphoria.

Ethereum doesn’t need louder hype right now.

It needs continued engagement.

And this data suggests it’s getting exactly that.

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