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Ethereum has shown renewed momentum this week, with both network activity and price action reversing a sluggish trend. The cryptocurrency broke through a critical resistance level, while active addresses surged nearly 10% in just 48 hours.
- Ethereum's active addresses surged by nearly 10% in 48 hours, signaling rising investor interest.
- The price broke through the $1,640 resistance level, reaching above $1,780, with bullish technical indicators.
- Despite the price surge, network usage remains low, with average transaction fees at just $0.31.
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