Ethereum's daily trading volume has broken historical records, surpassing the peak of the previous bull market. The price hasn't increased much, but network usage is exploding. What does this indicate? Users haven't left because of the price decline; instead, they are using the network extensively. With Gas fees approaching zero, Ethereum's usability has reached an unprecedented level. Technological advancements and market prices are sometimes not on the same timeline; patiently waiting for value to return might be a wiser choice. $ETH
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Ethereum's daily trading volume has broken historical records, surpassing the peak of the previous bull market. The price hasn't increased much, but network usage is exploding. What does this indicate? Users haven't left because of the price decline; instead, they are using the network extensively. With Gas fees approaching zero, Ethereum's usability has reached an unprecedented level. Technological advancements and market prices are sometimes not on the same timeline; patiently waiting for value to return might be a wiser choice. $ETH