The Currency analytics
By Evie Vavasseur
February 24, 2026 — A recent analysis by CryptoQuant indicates that Bitcoin and Ethereum are exhibiting robust market fundamentals.
CryptoQuant analyst Jaemin Lee reports substantial growth in Bitcoin addresses. As of this month, active Bitcoin addresses have reached 1.12 million.
Market liquidity remains solid. Bitcoin's liquidity, measured by trading volumes on exchanges, is currently stable. This is crucial for maintaining market stability.
Bitcoin's network fees offer another positive insight. The average transaction fee has decreased, indicating that the network is operating efficiently even with increased demand.
Ethereum's transition to proof-of-stake continues to bolster its market position. The network’s staking participation has grown, with over 13 million ETH now staked.
While these metrics paint a positive picture, the market is not without its uncertainties. Regulatory developments are closely watched by investors.
Bitcoin's hash rate is another area of focus. It recently reached 350 EH/s, reflecting the network's resilience against attacks.
Short-term holders are showing renewed interest. Data indicates an increase in the number of Bitcoin held for less than three months.
Ethereum's DeFi sector continues to grow. Total value locked in DeFi projects on Ethereum has climbed to $45 billion.
Despite positive metrics, market participants remain wary of potential volatility. External factors such as macroeconomic conditions could influence sentiment.
No comments from major crypto exchanges were available at the time of this report. Further updates on regulatory decisions are anticipated, which may affect future market…
Glassnode, a blockchain analytics firm, confirms the upward trend in Bitcoin's market fundamentals.
Meanwhile, the Ethereum network is seeing a surge in development activity. According to data from Santiment, the number of active developers working on Ethereum projects…
On February 20, 2026, Binance, one of the largest cryptocurrency exchanges, reported a record trading volume for Ethereum futures.
The Bitcoin futures market also experienced notable activity. Data from the Chicago Mercantile Exchange (CME) shows that open interest in Bitcoin futures contracts reached an…