Ethereum consumer exercise reportedly surged in August, reaching ranges that haven’t been seen for the reason that peak ranges in 2021. This exercise coincided with the revival of not possible token (NFT) actions since 2023 to the best stage.
Ethereum reportedly reached its highest stage of month-to-month lively addresses within the 12 months. This can be a distinctive deal with for 19.45 million folks in August 2025.
Month-to-month Energetic Addresses measure the variety of distinctive wallets that work together with the Ethereum blockchain inside a given month and seize all types of exercise in your community, together with forwarding, defi, NFT, staking, and extra.
Ethereum Community Exercise Set a brand new document for August 2025. Supply: block.co
Ethereum regained its milestone in August
In keeping with Block.co knowledge, Ethereum consumer exercise has been on a transparent upward pattern over time.
In January 2018, Ethereum had 17.49 million lively addresses, however by Might 2021, that quantity had exceeded 20 million. Since then, they’ve endured regular decline and struggled to regain these highs.
This 12 months, lively addresses reached 19.45 million, the closest to reaching peaks in 2021.
Analysts argue that this development highlights not solely a rising curiosity from extra initiatives, builders and customers, but in addition a rising ecosystem.
It additionally illustrates the strong on-chain utilization in Ethereum’s Layer-1 (L1) and L2 networks.
The quantity of transactions solely confirmed important will increase final month, suggesting a rise in engagement with distributed functions (DAPPS), distributed finance (DEFI), and NFTs.
Is NFT again?
The NFT market has not been the identical for the reason that 2021 outbreak. Since then, buying and selling volumes have diminished, collections have misplaced momentum, and bag holders have turn into the butt of some witty jokes.
Matas Chepulis, founder and CEO of Luvkaizen, is a kind of who refuse to imagine that the NFT season has not returned or was as soon as. He believes they’re nonetheless related as they harness sturdy emotional and social dynamics. He cited examples of initiatives like Pudgy Penguins, which grew into an enormous model, as proof that house merely wasn’t evolving.
In keeping with knowledge from NFTPulse, the variety of lively NFT customers throughout the blockchain has nearly doubled since early summer time.
Ethereum (ETH)’s NFT has surpassed Solana by way of NFT customers since June, making it a brand new momentum.
Knowledge from Cryptoslam.io additionally confirms that ETH NFT has been rising in gross sales since April, peaking at $285.6 million in transactions that exceeded 1.5 million final month.
The worldwide NFT market dimension in 2025 is at present estimated at $49 million-$6.1 billion, and the report claims Ethereum’s authority for as much as 62% of all NFT transactions.
So is NFT again? In a method, they by no means left, however the market is mature. In contrast to the 2021-2022 NFT pattern, pushed primarily by hypothesis, the present pattern relies on an environment the place utility-based NFTs which might be favorable to the market and don’t have anything to supply than hype, as linked to video games and debt.
