Analysis: Ethereum mainnet activity has surpassed many L2 servers, but this may be related to the rise of address poisoning attacks.

Data shows that Ethereum's daily active addresses rebounded in January, briefly surpassing major Layer 2 networks, driven by lower transaction fees. According to Token Terminal, Ethereum's daily active addresses approached 1 million this month, briefly rising to approximately 1.3 million on January 16th, before falling back to around 950,000. However, analysts warn that the active address data may be overestimated. Security researcher Andrey Sergeenkov pointed out that the January address growth is highly correlated with attacks such as address poisoning, where attackers send extremely small stablecoin transfers to numerous wallets, causing fake addresses to appear in victims' transaction records, thus inducing them to transfer funds unnecessarily. Overall, Ethereum mainnet activity does show signs of recovery, but short-term data contains a large amount of non-genuine demand, and the quality of the on-chain "recovery" remains to be seen. (CoinDesk)