以太坊的主动地址为37％，作为DEFI和机构兴趣驱动网络活动

以太坊（ETH）一直是加密货币市场上最容易受到关注和有价值的资产之一。多年来，以太坊已从分散的智能合同平台发展为一个庞大的网络，支持广泛的分散应用程序（DAPP），金融服务等。

Ethereum’s (ETH) continuous growth in the cryptocurrency market has been fueled by several key factors, including the surging popularity of decentralized finance (DeFi) protocols and the increasing institutional demand for the asset class.

以太坊（ETH）在加密货币市场中的持续增长受到了几个关键因素的推动，包括分散融资（DEFI）协议的普及以及对资产类别的机构需求的增长。

As the second-largest cryptocurrency by market capitalization, Ethereum has seen a notable surge in network activity, with a 37% increase in active addresses. This marks a significant rise, surpassing previous peaks and highlighting the rapid growth of the Ethereum network.

作为市值的第二大加密货币，以太坊的网络活动激增，主动地址增加了37％。这标志着显着的上升，超过了先前的峰值，并突出了以太坊网络的快速增长。

To understand what drives these fluctuations, it’s crucial to explore the factors that have led to this surge and examine how they are shaping Ethereum’s future.

为了了解导致这些波动的是什么，探索导致这种激增的因素并研究它们如何塑造以太坊的未来至关重要。

One of the most significant factors contributing to Ethereum’s growth has been the explosive rise of Decentralized Finance (DeFi). DeFi refers to a set of financial products and services that operate without central intermediaries like banks or brokers. These services are powered by smart contracts on Ethereum’s blockchain, leveraging its robust ecosystem to facilitate lending, borrowing, trading, and yield farming.

促成以太坊增长的最重要因素之一是分散融资（DEFI）的爆炸性上升。 Defi是指没有银行或经纪人等中央中介机构的一系列金融产品和服务。这些服务由以太坊区块链的智能合约提供支持，利用其强大的生态系统来促进贷款，借贷，交易和产量耕作。

Ethereum’s blockchain is the primary foundation for most DeFi protocols. As Ethereum continues to dominate the DeFi landscape, the growth in the DeFi sector directly impacts Ethereum’s network activity.

以太坊的区块链是大多数FEFI协议的主要基础。随着以太坊继续主导Defi景观，Defi部门的增长直接影响以太坊的网络活动。

Uniswap, as a decentralized exchange, facilitates the trading of ERC-20 tokens, which are primarily tokens created on the Ethereum network. Uniswap has maintained a dominant position in the DEX market with a 22% market share. In early 2025, the platform has seen nearly $1 billion in daily transaction volume.

作为分散的交易所，Uniswap促进了ERC-20代币的交易，ERC-20代币主要是在以太坊网络上创建的令牌。 UNISWAP在DEX市场中保持了主要的位置，市场份额为22％。在2025年初，该平台的每日交易量已接近10亿美元。

This robust activity, driven by yield farming and other DeFi services, reflects broader trends of DeFi adoption and Ethereum’s growing network use.

这种强大的活动是由产量耕作和其他Defi服务驱动的，它反映了Fefi采用和以太坊不断增长的网络使用的更广泛的趋势。

With Ethereum powering most of the popular DeFi platforms, it is no surprise that its active address count and transaction volume are increasing. The growing DeFi sector not only boosts Ethereum’s utility but also drives more demand for ETH as users engage in trading, lending, and liquidity provision.

随着以太坊为大多数流行的DEFI平台提供动力，其主动地址计数和交易量正在增加也就不足为奇了。不断增长的防御部门不仅可以提高以太坊的公用事业，而且随着用户从事交易，贷款和流动性提供，对ETH的需求增加了。

In addition to the growing influence of DeFi, institutional demand has also played a crucial role in driving Ethereum’s growth. Ethereum’s adoption by institutional investors has accelerated in recent years, as these investors recognize the potential of the blockchain for not only supporting decentralized finance but also facilitating enterprise solutions such as smart contracts, tokenization, and NFTs (non-fungible tokens).

除了对Defi的影响不断增长外，机构需求在推动以太坊的增长方面也起着至关重要的作用。近年来，以太坊对机构投资者的采用已加速，因为这些投资者认识到区块链的潜力不仅支持分散的财务，还可以促进企业解决方案，例如智能合约，代币化和NFTS（不可依靠的代币）。

Over the past year, Ethereum has gained the attention of large financial institutions, including investment funds, hedge funds, and even multinational corporations. Notably, institutional investors have demonstrated significant interest in Ethereum for its innovative use cases and its role in supporting decentralized applications.

在过去的一年中，以太坊引起了大型金融机构的关注，包括投资基金，对冲基金，甚至跨国公司。值得注意的是，机构投资者对以太坊对其创新用例及其在支持分散申请中的作用表现出了重大兴趣。

This institutional interest signals that Ethereum is becoming increasingly integrated into traditional finance, helping to cement its position as a valuable asset within both the cryptocurrency and traditional financial markets. As more institutions move into Ethereum, it contributes to network activity, pushing the number of active addresses higher and further driving up demand for ETH.

这种机构利益表明，以太坊越来越多地融入传统金融，有助于巩固其作为加密货币和传统金融市场中宝贵资产的地位。随着越来越多的机构进入以太坊，它有助于网络活动，将主动地址的数量提高，并进一步推动对ETH的需求。

Unlike Bitcoin, which has largely been seen as a store of value or digital gold, Ethereum’s use case extends far beyond just being a currency. The Ethereum network has become the foundation for a growing number of financial services, decentralized applications (dApps), and smart contracts.

与比特币不同，该比特币在很大程度上被视为价值或数字黄金的存储，以太坊的用例远远超出了一种货币。以太坊网络已成为越来越多的金融服务，分散应用程序（DAPP）和智能合约的基础。

Institutional investors are looking beyond Bitcoin to Ethereum because of its programmability, which allows it to be used for a wide array of use cases, including DeFi, NFTs, and enterprise blockchain solutions. This has sparked increased demand for Ethereum, as institutional investors seek to diversify their portfolios into assets with real-world utility.

机构投资者由于其可编程性而超越了比特币到以太坊，这使其可用于多种用例，包括DEFI，NFTS和企业区块链解决方案。随着机构投资者寻求将其投资组合多样化为现实世界实用程序的资产，这引发了人们对以太坊的需求增加。

Ethereum’s increase in active addresses is part of a broader surge in network activity. Ethereum has also seen a rise in daily transactions, reaching 1.3 million transactions, up from a 12-month low of 1 million. This uptick in transactions highlights a key trend: as more users and institutions engage with Ethereum, the demand for its blockchain services continues to grow.

以太坊的主动地址增加是网络活动激增的一部分。以太坊还看到每日交易增加，达到130万笔交易，高于100万低点的120万。交易中的这种上升强调了一个关键趋势：随着越来越多的用户和机构与以太坊互动，对区块链服务的需求不断增长。

Ethereum’s success is also attributed to its capacity to scale and process a large volume of transactions. While Ethereum’s Proof of Stake (PoS) upgrade, known as Ethereum 2.0, is still ongoing, it is expected to significantly increase Ethereum’s scalability and reduce transaction costs, further contributing to increased transaction volume.

以太坊的成功也归因于其扩展和处理大量交易的能力。尽管以太坊的股份证明（POS）升级（称为以太坊2.0）仍在进行中，但预计它将显着提高以太坊的可伸缩性和降低交易成本，进一步导致交易量增加。