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Can Ethereum Price Holding Above $1,600 Open Road to $2,000 in Week Ahead?

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On January 22, the second leading cryptocurrency, Ethereum, opened the day at $1,626.68. It has reached the maximum value of $1,635.64 and the lowest value of $1,609.35.

ETH/USD is trading at $1,625.85, down by 0.84% in 24 hours. Moreover, the price has increased by almost 5% in a week.The number of Ethereum addresses with a balance greater than zero is steadily increasing.

According to Glassnode data, Ethereum reached a new all-time high of 92.5 million addresses this week. The number of unique addresses transferred as a recipient or sender is represented by active addresses.

It only includes those who completed a transaction successfully. Recently, there has been a significant increase in the number of active addresses on Ethereum.

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