BREAKING: #Ethereum ecosystem generates 7.3B in fees over the past year, per Token Terminal, showcasing robust DeFi and dApp activity.
The chart shows that people are still using the network regularly, even with speed and cost issues. Layer 2 solutions are becoming more popular as a fix. Post-Merge, 48% of $ETH energy now comes from sustainable sources like wind and nuclear.
$BTC looks very much in momentum right now. We can also see heavy ETF inflows. Recent positive political news have played a huge role on this. We could be seeing a push towards the last all time high of 112K from here. Highly possible.
Market looks better, $BTC moving up and so is BTC dominance. Very close to the 2020 Dec high once again which was 70%. Are we gonna watch BTC.D 70% soon? This could send $BTC to $120K.
$BTC continues to flow out of exchanges pointing increased accumulation by long term holders and institutions who aren't planning to sell soon. Less BTC on exchanges ➡️ More demand ➡️ Bullish long term.