Network demand is experiencing explosive growth right now.

Look at the metrics:

New wallet addresses (7-day moving average) surged from approximately 120k to over 320k. That's nearly a 3x increase. Active daily addresses climbed from around 500k to 800k+. Meanwhile, daily transaction volume jumped from 1.2 million to 2.0 million.

This isn't just noise or temporary volatility—this is genuine mass adoption acceleration playing out in real time.

What does this actually mean? More users entering the network. More transactions being processed. More gas fees burned. And fundamentally, more demand for ETH itself.

When you see this kind of sustained growth across multiple adoption metrics simultaneously, it signals serious momentum. The ecosystem is attracting real activity, not just speculative trading. Users are actively using the network for transactions, deployments, and interactions.

The correlation is straightforward: network growth drives utility, utility drives gas consumption, and gas consumption strengthens the economic model. That's the flywheel.