Ethereum Network Activity Hits All-Time High While ETH Price Consolidates Near $2,100

TLDR: Ethereum 7-day SMA for total transfer count has crossed 1.3M, matching its mid-February ATH. ETH price remains near $2,100, creating a bullish divergence from record-high on-chain activity.  DeFi protocols, Layer 2 solutions, and smart contracts are driving the surge in transfer volume.  Rising gas consumption accelerates ETH burns, tightening supply and adding long-term price [...]

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