A recent report from Santiment, a crypto market research firm, suggests that the number of large ETH transactions (over $100,000) has increased recently, pushing Ethereum prices to their highest levels in nearly 14 weeks. This growth in ETH transaction volume is also significant. As Bitcoin profits are expected to be reallocated to Ethereum during this bull run, ETH’s price may continue to rise, potentially reaching new all-time highs.
Its network activity appears to be very healthy.