Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Ethereum Ecosystem Logs 13.2M Weekly Users Amid Short-Term Layer 2 and Multi-Chain Declines

Ethereum Ecosystem Logs 13.2M Weekly Users Amid Short-Term Layer 2 and Multi-Chain Declines

2025/06/27 22:48
By:
  • Ethereum weekly engagement reached 13.2M addresses, despite a 19.34% drop from the previous week.
  • Active multi-chain users declined slightly by 2.96% but remain significantly higher than 2023 levels.
  • The Layer 2 multiplier fell to 5.04x, marking a 24.83% weekly drop after months of sustained growth.

Ethereum’s on-chain environment is experiencing a dramatic boost in weekly activity, even with intervals of slight price and sentiment volatility. Data shows a consistent increase in distinct addresses interacting with one or more chains within the Ethereum network.

ETHEREUM ON-CHAIN IS BOOMING!!! 🔥

HYPE FADES.

STATS DON'T.

🚀🚀🚀 pic.twitter.com/omNXcMvOPS

— Sensei (@SenseiBR_btc) June 27, 2025

This trend, spanning 2022 through mid-2025, has a steady long-term incline in weekly user activity. More recent measurements indicate a total of 13,238,130 active addresses, but this is down by 19.34% from the previous week. However, the broader view of the chart indicates a precipitous increase in user activity from as early as 2024 with most active periods reported in Q2 2025.

Rising Multi-Chain Activity Despite Short-Term Decline

Active addresses spanning multiple chains in Ethereum also decreased, declining by 2.96% to 736,453 users. This deterioration is, however, the result of a longer period of advancement since mid-2023. The level of engagement overall, as well as multi-chain participation, has continued to grow. Though the weekly decrease still occurred not long ago, this indicator was much higher than during other quarters.

The statistics validate that the users are still spreading their interactions to Layer 2 and other Ethereum-compatible chains. This goes in line with the enduring positive trends in ecosystem participation, despite price instability.

Layer 2 Usage Experiences a Temporary Pullback

Layer 2 engagement, a key component of the Ethereum ecosystem, experienced a sharper short-term decline. The Layer 2 multiplier fell to 5.04x, down 24.83% from the previous week. This metric tracks the volume of interactions occurring on Layer 2 relative to the base layer. While this suggests a cooldown in Layer 2 usage during the week, it follows a sustained period of exponential growth. 

Previous months showed rising dependency on Layer 2 networks as user demand pushed for lower fees and faster transactions. Despite the temporary pullback, recent activity still exceeds average usage observed throughout 2023.

Price Holds as Engagement Peaks

At the time of reporting, Ethereum trades at $2,459.46 with a marginal 0.2% price dip over the past 24 hours. The current support level sits at $2,402.46, while immediate resistance remains at $2,465.80.

Despite subdued price action, user activity continues climbing. This pattern separates hype from actual usage trends within the network. Weekly data confirms higher address counts than at any time in the past three years, particularly during Q2 2025. Engagement has grown substantially over time, offering a quantifiable snapshot of Ethereum’s evolving ecosystem, based strictly on address-level interactions.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Vitalik Buterin proposes pluralistic IDs to protect privacy and fair access

Share link:In this post: Vitalik Buterin has proposed the use of pluralistic IDs to protect privacy and fair access. Buterin also discussed the advantages and disadvantages of using ZK-wrapped IDs. Buterin wants the use of pluralistic IDs to ensure no single entity has near-total market control of identification standards.

Cryptopolitan2025/06/28 23:01

Trump to unleash executive orders to beat China in global tech arms race

Share link:In this post: Trump is preparing executive orders to boost US energy supply for AI expansion and outpace China. The plan includes fast-tracking grid connections and offering federal land for AI data centers. A nationwide permit under the Clean Water Act is being considered to speed up construction.

Cryptopolitan2025/06/28 23:01

Wall Street prices in five consecutive rate cuts post-Powell as traders eye dovish successor

Share link:In this post: Wall Street expects five rate cuts after Powell leaves the Fed next year. Trump called Powell “Mr Too Late” and wants a more dovish replacement. Scott Bessent, Kevin Warsh, and Christopher Waller are top contenders.

Cryptopolitan2025/06/28 23:01
Wall Street prices in five consecutive rate cuts post-Powell as traders eye dovish successor