COINOTAG recommends • Exchange signup |
💹 Trade with pro tools |
Fast execution, robust charts, clean risk controls. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🚀 Smooth orders, clear control |
Advanced order types and market depth in one view. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
📈 Clarity in volatile markets |
Plan entries & exits, manage positions with discipline. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
⚡ Speed, depth, reliability |
Execute confidently when timing matters. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🧭 A focused workflow for traders |
Alerts, watchlists, and a repeatable process. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
✅ Data‑driven decisions |
Focus on process—not noise. |
👉 Sign up → |
- Ethereum (ETH) is experiencing a resurgence in network growth, with the largest increase in new addresses in over a year.
- Despite a recent price slump, the increase in new addresses suggests renewed optimism and potential for recovery.
- Market speculation continues to surround the potential approval of a spot Ethereum ETF, which could significantly impact the market.
Amidst a challenging market environment, Ethereum shows signs of recovery with a significant increase in new addresses. The potential approval of a spot Ethereum ETF adds further intrigue to the market outlook.
Ethereum’s Network Growth
Ethereum’s recent network growth is a positive sign for the protocol, which has faced a challenging market environment. Despite losing more than 11% of its value in the past month, Ethereum saw its new address count jump by 139,560 on April 29, marking the largest network growth in over a year. This increase suggests renewed optimism and potential for recovery within the Ethereum ecosystem.
Current Market Challenges
Despite its dominant position in the decentralized finance (DeFi) sector, Ethereum has faced significant challenges, including network congestion and erratic performance. However, the recent increase in new addresses indicates that Ethereum is regaining its dominance as a utility-focused smart contract protocol. The new addresses were opened at a price mark of $3,214.14, creating a significant discount window for new market entrants as Ethereum’s price has since dropped to as low as $2948.46.
Potential Ethereum ETF
The potential approval of a spot Ethereum ETF has been a major topic of speculation in the market. With final decisions on filings from VanEck and Ark 21Shares set for this month, a positive outcome could have a significant impact on the market. However, chances of approval are notably low, given that the U.S. SEC is considering designating Ethereum a security. Despite this, the recent network activity growth could help Ethereum return to its winning ways in the coming weeks.
COINOTAG recommends • Professional traders group |
💎 Join a professional trading community |
Work with senior traders, research‑backed setups, and risk‑first frameworks. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
📊 Transparent performance, real process |
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
👉 Get access → |
COINOTAG recommends • Professional traders group |
🧭 Research → Plan → Execute |
Daily levels, watchlists, and post‑trade reviews to build consistency. |
👉 Join now → |
COINOTAG recommends • Professional traders group |
🛡️ Risk comes first |
Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
👉 Start today → |
COINOTAG recommends • Professional traders group |
🧠 Learn the “why” behind each trade |
Live breakdowns, playbooks, and framework‑first education. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
🚀 Insider • APEX • INNER CIRCLE |
Choose the depth you need—tools, coaching, and member rooms. |
👉 Explore tiers → |
Conclusion
While Ethereum faces significant market challenges, the recent surge in new addresses suggests renewed optimism and potential for recovery. The potential approval of a spot Ethereum ETF adds further intrigue to the market outlook. Despite the uncertainty, Ethereum’s network growth could signal a return to its winning ways in the coming weeks.
COINOTAG recommends • Members‑only research |
📌 Curated setups, clearly explained |
Entry, invalidation, targets, and R:R defined before execution. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧠 Data‑led decision making |
Technical + flow + context synthesized into actionable plans. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
🧱 Consistency over hype |
Repeatable rules, realistic expectations, and a calmer mindset. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🕒 Patience is an edge |
Wait for confirmation and manage risk with checklists. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
💼 Professional mentorship |
Guidance from seasoned traders and structured feedback loops. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧮 Track • Review • Improve |
Documented PnL tracking and post‑mortems to accelerate learning. |
👉 Join now → |