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Ethereum Shows Signs of Potential Breakout as Network Activity Rises
Ethereum is entering a critical phase where strong on-chain fundamentals are diverging from a relatively stagnant price movement. While Ethereum (ETH) continues to trade within a tight range between $2,100 and $2,300, key metrics indicate that the network is experiencing one of its most active periods to date. The increasing disconnect between usage and valuation is often seen as an early sign of a major price move.
At the heart of this narrative is a sharp increase in network participation.

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SHIB is watching for a technical rebound, but momentum remains neutral, with RSI around 53. Trading volume stays steady at approximately $5.6 million per day, indicating a potential consolidation before a breakout. $SHIB