<ul><li>Ethereum's price has shown resilience in the crypto market, but its network activity has weakened despite recent key updates like the Pectra upgrade.</li><li>Glassnode reported a consistent lack of network activity and engagement on Ethereum, indicating potential loss of momentum in its ecosystem.</li><li>The Pectra upgrade, aimed at improving scalability and efficiency, has not led to increased user engagement or address growth on the Ethereum network according to Glassnode data.</li><li>While ETH's network activity has decreased, its price is anticipated to experience an impending breakout near the $2,500 mark, with a short-term correction likely before further upside movement.</li></ul>

Ethereum’s Latest Key Upgrade Fails To Ignite Network Activity, Is Adoption Sinking?

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