$ETH

#DeFiGetsGraded

Ethereum is on a roll this August—surging to its highest daily transaction volume since late 2021, clocking in at 1.74 to 1.88 million transactions per day, driven by DeFi and stablecoin activity.

Institutional inflows via spot ETH ETFs remain strong, as investors pour capital and push ETH to multi-month highs.

On the charts, ETH now trades above the pivotal $4,000 resistance level, with a classic Head & Shoulders pattern hinting at a possible short-term pullback—even as long-term technicals and fundamentals stay bullish.

With growing interest, robust on-chain usage, and regulatory tailwinds fueling momentum, Ethereum is being graded not just by price gains, but by its infrastructure resilience, adoption depth, and network dominance.

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