NEWSLETTER
The data show that the discussions on social networks related to ethereum have recently fired, something that can be positive for the eth price with difficulties.
ethereum's social domain has shot on the last day
According to the analysis company data <a target="_blank" href="https://x.com/santimentfeed/status/1891625787620577568″ target=”_blank” rel=”noopener nofollow”>Singularethereum's social domain has just seen a significant increase. The “social domain” here refers to an indicator based on another metric known as the social volume.
The social volume basically tells us about the amount of discussion that a specific topic or term receives in the main social media platforms. The metric calculates its value telling the unique total number of publications/messages/threads on these platforms by mentioning the term.
It may seem strange that the metric not only tells the mentions in themselves, but the reason why the other methodology can sometimes paint an inaccurate image of the situation in social networks.
This can happen when there is not much activity present on the platforms, but there are some publications of enthusiasts. These publications may contain a notable number of mentions, enough to sigh the social volume by themselves.
When tracking only the publications themselves, the indicator only exceeds when the discussion extends more on social networks (that is, there are a lot of users who participate in the conversations).
Now, the real relevance indicator here, the social domain, determines what part of the discussions related to cryptocurrencies that any given token is taking into account. The metric uses the social volume of the asset and that of the 100 main currencies for market capitalization to make the comparison.
Below is the table shared by Santiment, which shows the trend in ethereum's social domain in recent months:
<img decoding="async" class="alignnone aligncenter" src="https://technicalterrence.com/wp-content/uploads/2025/02/Ethereum-captures-the-attention-of-social-networks-does-a-rebound.jpeg" alt="ethereum social domain” width=”3138″ height=”1759″/>
Looks like the value of the metric has witnessed a sharp jump recently | Source: <a target="_blank" href="https://x.com/santimentfeed/status/1891625787620577568/photo/1" target="_blank" rel="noopener nofollow">Santiment on x
As is visible in the graph, ethereum's social domain has just observed a peak, which means that the proportion of discussions in social networks occupied by the asset has shot.
After this increase, the indicator is now 9.2%, which means that almost a tenth of the discussions related to the cryptocurrency sector involves eth in some way. The price of the asset has recently been fighting, so this renewed interest of social networks users can be a positive signal for things to come in the week.
The trend in social domain is not the only upward development that ethereum has seen, as shown by the data of the other attached indicator in the graph by the analysis firm.
It seems that the supply of exchanges has plunged during the last weeks, which suggests that investors have been making net retreats from the centralized exchanges currency. In total, 0.83% of the eth supply has left exchanges in this period, letting only 6.38% still are on these platforms.
eth price
At the time of writing this article, ethereum is quoted at around $ 2,700, a 1% increase in the last week.
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The trend in the eth price over the last five days | Source: ETHUSDT on TradingView
Outstanding image of Dall-E, Santiment.net, TrainingView.com graphics
