Cryptocurrency analyst CryptoOnchain analyzed, "Ethereum's daily transaction count has surpassed 3.61 million, reaching an all-time high. What's interesting is that while speculative demand from individual investors in Ethereum has recently slowed, network activity is rapidly increasing. Historically, periods where fundamental growth precedes price have been interpreted as undervalued accumulation phases, and high network activity has served as a leading indicator for long-term price rebounds."
