$ETH has surpassed the 4k mark despite low on-chain activity and high transaction costs.
$ETH remains the most established network for tokenized real world assets and complex smart contracts.
Major asset managers, including Blackrock and Fidelity, are accumulating $ETH exposure. Global Banks are either building directly on Ethereum or on Layer 2 networks secured by it, such as Arbitrum, Optimism, and Base.