#ETHOnTheRise

Ethereum (ETH) is currently showing mixed performance, with prices ranging from $$ 3.217 to $$ 3.640, depending on the market and platform consulted. The cryptocurrency faces challenges regarding the adoption of scalability solutions, such as layer 2, which have increased efficiency but fragmented the ecosystem. This has resulted in a decline in transaction fee revenue on the network’s base layer.

Despite this, Ethereum remains a leading network for decentralized applications (dApps) and smart contracts. Around 90% of its revenue is generated by decentralized exchanges, such as Uniswap. Furthermore, 65% of holders are in profit at current prices, which demonstrates resilience among investors.

Institutional interest in ETH ETFs is seen as a potential lever to boost the price in the future, especially in parallel with Bitcoin. However, Ethereum faces competition from networks like Solana, which offer lower fees and greater transaction capacity.