Ethereum (ETH) – Surge in Large Transactions, Network Activity on the Rise
Ethereum has seen a significant uptick in large transactions recently, signaling renewed activity from whales. This could have a bullish impact on ETH's price action in the coming days.
Additionally, Ethereum Layer 2 solutions like Base and zkSync are witnessing a surge in user activity. Analysts believe if ETH breaks the $3,900 resistance level, a move toward $4,200 could follow.
2. Arbitrum (ARB) – New DAO Proposal Voting Underway, Price Sees Volatility
The Arbitrum DAO is currently voting on a new proposal aimed at improving transparency and structure in ecosystem grant allocations. ARB token is down 2.5% in the last 24 hours, which analysts consider a healthy market correction.
Despite the pullback, Arbitrum’s Total Value Locked (TVL) remains strong at over $2 billion, reflecting continued confidence in the network.
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