Glassnode: Recent data indicates that ETH has seen a influx of new buyers, while existing holders are also willing to accumulate at higher levels

By: theblockbeats.news|2025/08/09 08:52:02

BlockBeats News, August 9th, Glassnode posted on social media that in the past few days, ETH has seen a notable increase in first-time buyers and momentum buyers, indicating that the market has not only attracted new capital, but existing holders are also willing to increase their cost basis, leading to a significant surge in on-chain activity.

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In such a crowded cross-border payment arena, where is the next stop for the future?

Only by stepping into the mud can one have the chance to touch gold.