According to the source, Ethereum L1 transactions and active addresses have reached all-time highs while average gas fees are near record lows, indicating elevated on-chain usage at lower cost for users and dapps (source: the provided announcement). For traders, sustained high activity alongside cheaper gas can support network throughput but reduces EIP-1559 base fee burn, potentially easing net supply contraction and impacting ETH valuation frameworks tied to fee revenue and burn mechanics (source: Ethereum EIP-1559 specification on ethereum.org). Before positioning, verify the claim with independent on-chain data for daily transactions, active addresses, and average gas on Etherscan, and cross-check fee and throughput trends over multiple timeframes to avoid one-off spikes (source: Etherscan charts). Monitor real-time burn rate and net issuance to gauge supply dynamics and potential reflexivity in ETH pricing during activity surges (source: Ultrasound.money). Track DEX volumes and gas mean reversion as catalysts for ETH momentum and liquidity conditions across majors and perp markets after any confirmed spike in L1 activity (source: DeFiLlama and major exchange market data).

According to @lookonchain, Tron (TRX) total value locked reached $6.377B last week, up 5.84% week over week, and active addresses climbed to 18.23M, up 2.24% week over week, citing DefiLlama’s Tron chain dashboard; source: Lookonchain on X and DefiLlama. These week-over-week increases indicate measurable on-chain growth in liquidity (via TVL) and user activity (via active addresses) on Tron, based on DefiLlama data referenced by Lookonchain; source: Lookonchain on X and DefiLlama.

According to @BullTheoryio, BNB (BNB) printed a new all-time high at $1,192 after launching at $0.50, equating to roughly a 238,300% cumulative return and ~167% average annual growth over 8 years (source: @BullTheoryio). According to @BullTheoryio, BNB Chain activity remains below its prior peak with TVL at $8.33B, stablecoin market cap at $13.46B, 24h DEX volume at $4.39B, 24h active addresses at 2.32M, and 24h transactions at 18.79M (source: @BullTheoryio). According to @BullTheoryio, the price-activity divergence is a key trading signal, and traders can look for confirmation through rising on-chain volume, active addresses, and stablecoin float if these metrics begin to catch up with price (source: @BullTheoryio).

According to @lookonchain, Tron recorded 2.48 million active addresses, ranking number one among all blockchains by this metric at the time of posting, source: Lookonchain on X, Sep 1, 2025. According to @lookonchain, this confirms Tron (TRX) led peers in address-based on-chain activity at that snapshot, source: Lookonchain on X, Sep 1, 2025.

According to @glassnode, on-chain activity has softened, with active addresses down 2% to 692k and now below the low band (source: @glassnode). Fees fell 17%, pointing to reduced blockspace demand and lower user activity intensity (source: @glassnode). Realized Cap Change slowed to 3.2%, indicating cooler net capital inflows on-chain (source: @glassnode). The share of supply in profit declined from 95% to 91%, while NUPL dropped to 5%, signaling fading profitability and softer risk appetite (source: @glassnode). Overall, these on-chain indicators reflect weaker demand and waning profitability, a backdrop traders monitor for momentum shifts and liquidity conditions (source: @glassnode).

According to @milesdeutscher, ETH season is in full swing with the past 30 days showing FDV up 52%, approximately $1.2 trillion in trading volume, about $50 million in fees generated, active addresses nearing 10 million, and price up 50%, a snapshot presented as strong momentum and liquidity in ETH markets (source: @milesdeutscher on X, Aug 15, 2025).

According to @santimentfeed, social bullishness toward Chainlink (LINK) is at its highest since February 1 while the asset holds crypto’s #11 market cap position; Source: Santiment (@santimentfeed, Aug 13, 2025). On-chain, LINK active addresses hit an 8-month high, indicating elevated network participation; Source: Santiment (@santimentfeed, Aug 13, 2025). Whale transactions reached a 7-month high, signaling increased large-holder activity; Source: Santiment (@santimentfeed, Aug 13, 2025). Santiment provided a real-time dashboard to track these trading metrics at app.santiment.net/s/xkzrx-9R; Source: Santiment (@santimentfeed, Aug 13, 2025).

According to @cas_abbe, Ethereum (ETH) is exhibiting robust onchain growth, with daily transactions reaching their highest levels in over a year. This uptick signals not only sustained but accelerating usage. Both active and new address counts are trending upward, indicating broader user engagement and potential for increased network value, which could impact ETH trading strategies and market positioning. Source: @cas_abbe

According to Santiment, Ethereum (ETH) celebrates its 10th anniversary with a focus on critical trading metrics as it aims to regain the $4,000 market cap. Key indicators recommended by Santiment include on-chain activity, active addresses, and network growth, which are crucial for traders to monitor potential bullish momentum. As the second-largest cryptocurrency by market cap, Ethereum’s performance can significantly impact the broader crypto market, making these metrics essential for informed trading decisions (source: Santiment).

According to @glassnode, recent Bitcoin on-chain data shows active addresses fell by 2.4% and transfer volume dropped 23%, indicating decreased network activity. However, realized cap change increased to 6.6%, reflecting ongoing capital inflows. Notably, 96.9% of BTC supply remains in profit, which could maintain elevated selling pressure. These metrics suggest traders should monitor for potential volatility and market corrections as profit-taking risk remains high (source: @glassnode).

According to Santiment, the XRP ledger has experienced a significant uptick in activity, with daily active addresses averaging over 295,000 in the past week compared to the three-month average of 35,000 to 40,000. This surge in address activity signals heightened network usage and increased engagement from key stakeholders, which are indicators often correlated with potential price volatility and trading opportunities for XRP (source: Santiment, June 16, 2025). Traders should closely monitor this on-chain growth as it may influence short-term liquidity and volatility in the XRP market.

According to Milk Road, Base now holds 55% of all active addresses on Layer 2 networks, surpassing the combined total of other major L2s (source: Milk Road, April 27, 2025). This significant user activity suggests growing network utility and transaction volume, which could drive increased liquidity and trading opportunities on Base-related tokens. Traders should monitor on-chain activity and price trends for Base-native assets and related DeFi protocols, as rising address activity often precedes heightened market volatility and potential price movements.

According to @intotheblock, the Base network has shown resilience with its share of active addresses among top Layer 2 solutions increasing from 63% in January to 82% currently. The network also surpassed 1 million daily active addresses, indicating strong user engagement despite market headwinds.

According to @heartereum, recent metrics from the Ethereum network indicate an increase in daily active addresses, suggesting heightened network activity which could influence trading volumes positively. The data also shows a surge in gas fees, which may impact transaction costs and subsequently affect trading strategies.

According to Cas Abbé, Gravity Chain is experiencing significant adoption, evidenced by over 1 million transactions per day and more than 300,000 real on-chain users. This positions Gravity as the youngest chain in the top 10 for active addresses, highlighting its growing relevance in the competitive blockchain market.

According to Santiment, Dogecoin has faced significant pressure during a 2-month crypto-wide retrace, similar to other meme coins. However, there's a notable increase in wallets holding at least 1M $DOGE, recovering during the price dump. Additionally, active addresses have reached 4-month highs, indicating potential trading interest.

According to IntoTheBlock, last week's market drop led to a surge in active Bitcoin addresses, pushing the daily average to its highest level since December. This increase in on-chain activity was accompanied by a rise in zero-balance addresses, suggesting a potential capitulation phase.

According to IntoTheBlock, on-chain data is crucial for making informed trading decisions in the cryptocurrency market. Key indicators include transaction volume, active addresses, and the number of large transactions, which provide insights into market trends and potential price movements. These metrics help traders assess market sentiment and liquidity, aiding in more strategic decision-making (source: IntoTheBlock, March 2, 2025).

According to IntoTheBlock, Bitcoin's active address count has reached its highest daily level since December 2024, which could indicate a capitulation moment. Such spikes in on-chain activity are historically associated with market peaks and bottoms, driven by panic sellers exiting and opportunistic buyers entering. This on-chain metric is crucial for traders as it may suggest heightened volatility and potential market turning points. Source: IntoTheBlock.

According to IntoTheBlock, on-chain data is crucial for making informed trading decisions. They highlight several key indicators, including transaction volume, active addresses, and exchange inflow/outflow, as critical for traders to monitor. These metrics help in assessing market sentiment and potential price movements. Monitoring these indicators can provide traders with a competitive edge in predicting market trends and making profitable trades. (Source: IntoTheBlock, February 27, 2025)