"Ethereum reaches a record weekly transaction volume
Network Performance
• 20.24 million weekly transactions (Layer-2 solutions driving 18.14 million)
• Daily peak of 24.45 million transactions
• 17.4 million active addresses per week (up 16.95%)
Key Factors
• The Dencun upgrade enables fees below $0.01 on Layer-2 networks
• 35 million ETH staked (29% of supply) enhancing security
• BlackRock investments in ETH of $4.45 billion (42.8% institutional stake)
• Net inflows of $1.17 billion in U.S. ETFs reflect institutional confidence
Trading Implications
• Price stabilization around $2,560 after falling to $2,400
• 36% increase in accumulation addresses, suggesting strong sentiment among holders
• The drop in the long-short position ratio from 45% to 34% indicates short-term caution
#MuskAmericaParty #HODLTradingStrategy #ETC $BTC
