币界网报道：Ethereum's weekly activity has declined by 19.34% recently, despite maintaining long-term growth trends, according to recent on-chain data. The network's daily active addresses dropped from approximately 427,000 to 344,000 over the past week, signaling reduced user engagement. However, Ethereum continues to show resilience with a 250% increase in total active addresses since 2020, demonstrating sustained adoption. Analysts attribute the short-term dip to market volatility and shifting investor focus toward newer Layer 2 solutions and alternative chains. Notably, Ethereum's developer activity remains strong, with over 4,000 monthly active developers contributing to its ecosystem. The network's upcoming protocol upgrades, including EIP-4844 (proto-danksharding), aim to significantly reduce transaction costs and improve scalability. Meanwhile, Ethereum's total value locked (TVL) in DeFi protocols stands at $28.5 billion, maintaining its position as the leading smart contract platform. Market observers suggest the current activity slowdown may be temporary, as institutional interest grows following recent ETF approvals for spot Bitcoin products, with many anticipating similar products for Ethereum in the near future.