Ethereum (ETH) is seeing a big rise in activity. Active addresses are up 37% since March 2024. Experts wonder if this is due to big investors and the growth of decentralized finance (DeFi).
More Users on Ethereum in Early 2025
Data from IntoTheBlock shows Ethereum had 670,000 active addresses in January 2025. This is up from 400,000 in March 2024. More people and businesses are using Ethereum than ever before.
Some users create multiple addresses, but the steady rise points to real growth. Ethereum remains a key player in blockchain and crypto.
Why Is Ethereum More Popular?
Several factors are driving Ethereum’s growth. The biggest reasons are DeFi apps and interest from big investors. Ethereum supports lending platforms, trading, and other financial tools. As these grow, Ethereum becomes more important.
One key metric is Total Value Locked (TVL), which measures funds in DeFi projects. Ethereum’s TVL went from $65 billion to $98 billion, then settled at $84 billion in January 2025.
Top DeFi Platforms Leading the Growth
Two major DeFi platforms are leading this surge: Aave (a lending platform) and Lido (a staking service). Together, they hold over $60 billion in Ethereum’s TVL. Many big investors use these platforms, showing how important Ethereum is to finance.
Big Investors and Risks
A company called World Liberty Finance (WLFI), linked to former U.S. President Donald Trump, has been buying Ethereum. But ETH’s price drop to $3,000 caused WLFI to lose about $14.9 million.
This shows the risks of crypto investing. Still, big investors see long-term value in Ethereum.
ETH Price Outlook: What’s Next?
Ethereum’s price is struggling, hovering around $3,000. This is a key support level. If ETH holds, it could rise to $3,500 or even break through $3,600–$3,700. But if it falls, ETH could drop further.
Major events like the Federal Open Market Committee (FOMC) meeting will affect Ethereum’s price in the coming months.
Will Ethereum Keep Growing?
The rise in active addresses and DeFi’s growth suggest Ethereum will stay strong in 2025. Price swings may happen, but long-term growth looks promising.
With more people and institutions joining, Ethereum’s future looks bright. It remains a leader in DeFi and blockchain technology.
Ethereum’s 37% rise in active addresses is a strong signal. But crypto markets can be unpredictable. As DeFi expands and big investors get more involved, Ethereum’s role in crypto will likely grow.
