8 signs we've entered a new $ETH bull market

#1: Ethereum has just under 500k daily active addresses (90-day MA) -- a figure that has nearly doubled YTD.

#2: Ethereum now dwarfs everything in the crypto space in fees paid, including Bitcoin -- a clear sign that it is the most useful network in the world.

#3: More than 80 billion gas is now being used on a daily basis -- a sign that Ethereum blockspace demand has never been higher.

#4: More than $16 billion in stablecoins have now been issued on Ethereum, a figure that has gone parabolic since the start of this year -- a sign of major demand for cryptodollars.

#5: There are now nearly 1M #DeFi users, up 10x from the start of the year -- a sign that Ethereum's biggest use case has gone parabolic.

#6: There is now more than $14B total value locked in #DeFi, with 5 different projects having more than $1B TVL -- a sign that the ecosystem is maturing rapidly.

#7: 150k $BTC ($2.9B USD) has been ported to Ethereum -- a sign that Ethereum is becoming an economic vacuum for all assets, starting with Bitcoin.

#8: DEXs on Ethereum have done $20B in volume over the last 30 days, bringing their combined total to $86B this year -- a sign that DEXs can compete with the top centralized exchanges.

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