The altcoin season has not started yet, but it is currently the Ethereum season.



$ETH has reached the $4,000 level for the first time since December.

But this time there is a big difference:
This time, companies holding $ETH treasure are competing with each other for supply.

Corporate treasury accumulations, ETF inflows, and DeFi activity together support this rally.

Moreover, Ethereum's on-chain activity is currently experiencing a boom:
•On August 5, the daily transaction count reached a record of 1.74 million.
•July became the month with the highest number of transactions on a monthly basis.
The number of active addresses began to approach record levels seen in May 2021.

With this activity explosion, Ethereum's dominance has risen to 12% for the first time in 5 years.

And if ETH can hold above $4,000, the next target could be $7,500.
ETH0.63%
DEFI2.8%
TA2.26%
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GateUser-33719022vip
· 15h ago
The bullish market is at its peak 🐂
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GateUser-33719022vip
· 15h ago
Launch with power 🚀
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GateUser-33719022vip
· 15h ago
The bullish market is at its peak 🐂
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Miwhu_vip
· 17h ago
Bull Run 🐂
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NewNamevip
· 08-10 00:31
Thank you for information!
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ZhangJimingvip
· 08-10 00:13
Hurry up and enter a position! 🚗
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Xxx40xxxvip
· 08-09 19:24
1000x Vibes 🤑
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Nara1234vip
· 08-09 19:09
Watching Closely 🔍
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Nara1234vip
· 08-09 19:09
Watching Closely 🔍
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Nara1234vip
· 08-09 19:09
Ape In 🚀
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