$ETH is trading near $3,650, with daily active addresses rising to 547,527 (up 5.4% from yesterday and +23% YoY) . ERC‑20 active addresses are at 443,806, down ~8% from yesterday but still up ~30% YoY. Network utility is climbing, with Ethereum processing around 1.45 M transactions today . Institutional flows continue, bolstered by spot ETH ETF momentum and the upcoming Pectra upgrade slated for mid‑2025. Technical structure remains bullish, eyeing a move to $3,800–$4,000, while support holds near $3,400. $SOL is around $172–$183, spiking ~6.6% today and +12.4% on the week after Bit Mining added $300 M to its SOL treasury. Daily active addresses on Solana exceed 15 M, driving blockbuster network revenue of $271 M in Q2, topping all Layer‑1 networks for a third straight quarter. Institutional adoption is gaining, highlighted by the new REX‑Osprey staking ETF and major capital allocations from Upexi and Bullish. Near-term resistance lies near $175–$178, with support around $156. ETH is showing healthy usage growth and rising transaction volume, propelling it toward $4,000+ if current trends hold. SOL’s explosive on-chain adoption and institutional backing put it in prime position for a breakout above $200, with long-range targets toward $250–$300.
