A recent Citibank report has linked a surge in Ethereum network activity to address poisoning scams, rather than genuine user growth. The report highlights that a significant portion of Ethereum transactions involve micro-transactions under one dollar, indicative of automated scam operations. These scams exploit lower transaction fees, allowing attackers to conduct widespread campaigns at minimal cost. Address poisoning, the primary scam identified, involves creating wallet addresses that mimic legitimate ones, tricking users into sending funds to fraudulent addresses. Citibank's findings underscore the need for enhanced security measures and user vigilance in the crypto space. The report also challenges the use of raw transaction counts as a blockchain health metric, emphasizing the importance of nuanced analysis in evaluating network activity. The report's implications extend beyond Ethereum, suggesting that other blockchains with low transaction fees may also be vulnerable to similar scams. Citibank's involvement in this analysis reflects a growing trend of traditional financial institutions monitoring blockchain activity for systemic risks, potentially leading to improved threat intelligence sharing across the financial ecosystem.