Network Activity Soars: Daily transactions on the Ethereum$ETH network have surged to a one-year high, signaling a significant uptick in usage and interest .
Staking Hits New Milestone: Over 36 million $ETH
ETH—nearly 30% of the circulating supply—is now locked in staking contracts, a record high for the network .
Regulatory Clarity Boosts Confidence: The U.S. Securities and Exchange Commission (SEC) clarified that liquid staking tokens (like stETH) are not securities, boosting institutional confidence and participation .
Strong Foundations for Rally: These developments—heightened network utility, reduced liquid supply, and clearer regulation—are creating a solid base for Ethereum’s potential price breakout .