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Ethereum Sees Surge In Activity As Fees And Transactions Skyrocket
- Ethereum's network activity has surged, with transaction fees increasing by nearly 40%.
- Weekly transaction volume on Ethereum has skyrocketed by over 300% to reach $17.15 billion.
- From a technical perspective, Ethereum is well-positioned for further price growth with no major barriers in sight.
- Institutional interest in Ethereum is increasing, with strong inflows into Ethereum spot ETFs.
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