Bullish on Ethereum [ETH]? This venture fund founder might agree with you
Ethereum Bullish on Ethereum [ETH]? This venture fund founder might agree with you 01 / 03 / 2023 Balita ng Ethereum ng Bitcoin Fred Wilson, the co-founder of Union Ventures Fund, showed faith in the potential for Ethereum [ETH] to grow over this year. In a statement on 3 January, Fred predicted that even though a lot of web3 projects would fail in 2023, Ethereum would still show growth. Year of the bull for ETH? The reason for this bullish sentiment was because Fred believed that Ethereum had the best underlying economic model of any web3 asset. There were other reasons why investors were feeling bullish about ETH. One of them would be the growing number of addresses on the Ethereum network. According to data provided by Glassnode, the number of non-zero addresses grew significantly over the last few months and reached an all-time high of 92 million addresses. Pinagmulan: glassnode Along with the addresses, the validators on the Ethereum network grew as well. The number of validators on the network increased by 2.22% over the last month. Moreover, the revenue generated by these validators increased by 1.65% in the last seven days. At the time of writing, the number of validators on the Ethereum network stood at 494,342. Pinagmulan: Staking