30 April | Ethereum

Active Ethereum addresses surpass 15 million amid growth of Layer 2 networks

Active Ethereum addresses surpass 15 million amid growth of Layer 2 networks

The Ethereum ecosystem has reached a record level of activity. The number of active addresses increased by 62.68% to surpass 15.4 million during the last week of April 2025. This growth indicates greater adoption of the core network and Layer 2 solutions, driven by demand from institutional investors in the decentralized finance (DeFi), non-fungible token (NFT), and tokenized real-world asset (RWA) sectors.

The Base network stands out in particular. Its total value locked (TVL) approached $4 billion, up 80% in one week. The BRETT token led the way in price growth with a 70% increase, while WELL (+51%) and MORPHO (+25%) also experienced significant growth. Platforms Arbitrum and Optimism increased their total value locked by over 10%. These developments reflect growing confidence in Layer 2 solutions among users and investors.

Ethereum is steadily strengthening as the technological foundation of the cryptocurrency market. Meanwhile, Layer 2 projects are actively attracting liquidity and users. Growing interest from developers and anticipated network updates increase confidence in the ecosystem's long-term prospects, Coinotag reports with reference to market data.

Elena Dorokhina MarketCheese
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