Analysis: Ethereum mainnet activity has surpassed many L2 servers, but this may be related to the rise of address poisoning attacks.
Ethereum's daily active addresses surged in January, exceeding major Layer 2 networks due to lower transaction fees, reaching about 1.3 million on January 16 before dropping to 950,000. However, analysts caution that this data may be inflated due to address poisoning attacks, where attackers create fake addresses by sending tiny stablecoin transfers. While Ethereum shows signs of recovery, much of the activity may not reflect genuine demand, raising concerns about the sustainability of this recovery.
