Even though Ethereum ’s price is currently experiencing a bearish move, the leading altcoin is still holding strongly above the $4,100 level. In the midst of this fluctuating price action, on-chain activities on the ETH network are sharply booming, as evidenced by a notable surge in transactions.

Sharp Boom In Ethereum Daily Transactions

The price of Ethereum is building underlying strength for a possible upward move, as well as the network’s performance. In the past few days, the network has experienced a powerful resurgence, with daily transactions reaching levels not seen in many years.

Darkfost, a market expert and author, reported that this sharp uptick in on-chain activity, underscoring a resurgence of investor interest, increased demand for decentralized apps, and

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