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Ethereum active addresses plunge 64% as DeFi wallet growth accelerates

Verifying
  • Ethereum saw daily active addresses fall while DeFi protocols continued adding wallets.
  • 1,806 new Ethereum wallets joined Aave on June 30, its highest daily total since October 2021.
  • Ethereum DeFi TVL remained roughly $41 billion in July despite weaker network activity.
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