The price of ethereum, or 1 ETH, traded at $2,653.96, as of 8 a.m. ET. The highest intraday price that ethereum reached in the past year was $4,088.00 on March 12, 2024. *The return comparisons are as of 8 a.m. ET.

An interesting development last week was that Ethereum (ETH) fees spiked, causing the supply to become deflationary for the first time since March. Let’s analyze why this happen

Ethereum sees surging network activity with $45 million in weekly transaction fees, while facing mixed market signals including ETF outflows and price resistance.

Ethereum co-founder Vitalik Buterin sold over 1,300 ETH valued at $3.35 million in the past 12 days, according to on-chain data. As Buterin reduces his holdings, savvy traders are seizing the opportunity to buy the dip,