{"id":410532,"date":"2020-01-11T04:00:29","date_gmt":"2020-01-11T04:00:29","guid":{"rendered":"https:\/\/wncen.com\/?p=410532"},"modified":"2020-01-11T02:34:07","modified_gmt":"2020-01-11T02:34:07","slug":"this-metric-suggests-ethereum-soon-shoot-higher","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/this-metric-suggests-ethereum-soon-shoot-higher\/","title":{"rendered":"This Metric Suggests Ethereum May Soon Shoot Higher"},"content":{"rendered":"
While cryptocurrencies are still far below where they were at the end of 2017, analysts are getting bullish on Ethereum, Bitcoin, and other digital assets. The bull case for ETH, at least, was proven just recently with a metric suggesting that the network has seen rampant growth over recent months, which is likely to wrest prices higher with time.<\/p>\n
A Twitter user recently shared the below chart, writing that “Ethereum’s network growth is on an upward trend.” Indeed, per their chart, network growth, defined by the number of new addresses created each day, has recently surged to levels not seen since the top of 2019’s bull run.<\/p>\n
\nEthereum's network growth is on an upward trend. pic.twitter.com\/rsjGAA0Ura<\/a><\/p>\n
— Generational ETH Investor \ud83e\udd87\ud83d\udd0a (@0xGenerational) January 8, 2020<\/a><\/p><\/blockquote>\n