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A wallet linked to Vitalik Buterin deposited 649 Ethereum worth $1.72 million to Paxos. 

Ethereum ETFs recorded their largest inflow in over a month, bringing in $84.6 million last week.

Ethereum’s transaction fees have risen to a 3-month high, reaching $45 million due to increased NFT activity.

While majority of DeFi tokens faced a setback in the last month, memecoins performed relatively better.

Ethereum’s price action reflects short-term bullish momentum, trading above its 50-day moving average despite recent declines.  

Ethereum’s rising activity drives higher fees, impacting prices and network congestion.

Base has been taking full advantage of growth opportunities as the crypto market embraces bullish sentiment.

A combination of factors could take ETH past a key target again!

A divergence in fundamentals has allowed ETH to maintain steady gains.

The Ethereum network activity has not rapidly increased to explain the rising transaction fees.