Ethereum Surges as Network Activity Rises — Key Updates You Need to Know
Ethereum (ETH) is gaining strong momentum as network activity increases and staking levels hit new highs. As of today, ETH is trading around $3,950, up nearly 3.2% in the past 24 hours.
Key Highlights:
Over 32 million ETH are now staked, showing growing confidence in the network.
Gas fees remain stable despite a rise in on-chain activity.
Ethereum developers are preparing for the upcoming Pectra upgrade, expected later this year, aiming to boost scalability and reduce latency.
Experts believe Ethereum could outperform other Layer 1 chains in the next quarter as institutional adoption continues to grow. Stay tuned — ETH might be heading toward the $4,200 resistance zone.
