Ethereum Active Addresses At Highest Since May 2021, Good News For ETH?

On-chain data shows the Ethereum daily active addresses metric is now at the highest level since May 2021, a sign that could be positive for the latest rally above $1,300.
637,000 Unique Ethereum Addresses Have Been Showing Daily Activity Recently
According to data from on-chain analytics firm Santiment, ETH is currently observing its highest point of activity in 17 months. The “daily active addresses” is an indicator that measures the total number of Ethereum addresses that wer