Ethereum activity hits records while fees stay low
Ethereum activity hits records while fees stay low – What’s next?
Strong network fundamentals and shifting holder dynamics hint at a major ETH-led altcoin rally
Ethereum is showing record-breaking network activity and strong accumulation by STHs. While many altcoins lag, ETH’s steady performance positions it well to lead the next market cycle. Ethereum [ETH] once again proved why it remained the backbone of the altcoin market. Even as ETH hovered near record highs, the network remained busier than ever, with activity at all-time peaks and transaction costs staying low. Unlike many tokens that burn out quickly in overheated rallies, Ethereum has shown steadier momentum, leaving space for further gains as altcoins line up to test Bitcoin’s dominance.
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