Ethereum Jumps 200% Since April on Network Demand
Explore the provided link to secure a consistent profit in Binance futures trading. Receive complimentary Bitcoin trading signals and leverage the Cornix trading Bot for optimal automated trades: https://telegram.me/btctradingclub. 75% of ETH network revenue now comes from fees and MEV, while stablecoin supply grew to $156 billion, signaling rising activity. The price of Ethereum (ETH) has rocketed 200% from its mid-April lows, but the real story is unfolding on its blockchain. While a recent pullback from its new peak above $4,900 captured headlines, there’s a resurgence in fundamental network activity, suggesting this is more than just a speculative rally. On-Chain Fundamentals Ignite Michael Nadeau of The DeFi Report noted on X that Ethereum’s network fundamentals are strengthening alongside price gains. His research shows that roughly 75% of the network’s revenue now comes from priority fees and MEV activity, a sign that demand for blockspace is climbing. Furthermore, stableco...