Ether’s Active Addresses Pass 2018 Peak as Cryptocurrency Soars to New Price Highs
The cryptocurrency's rally is supported by increased network usage.
Dominance is at the lowest level since April 2018, suggesting traders are rotating into ether and other altcoins.
The milestone came as ether hit an all-time high of over $4,370.
“The crypto market is primarily focused on Ethereum and the catapulting DeFi sector right now,” said one analyst.
The DeFi-related assets have grown by double digits so far this year.
Jed McCaleb’s stellar token rides the altcoin wave as ether pushes to new levels.