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breaking: ethereum price drama doesn’t reflect insane on-chain growth 📉🔥🚀 investors sleeping on ethereum’s 💎 fundamentals—
what’s up with $ETH price droppin while real economy goin cray cray 🤯📉? is this just the dip before
wait why $ETH price down but real activity up so much?? is this like when you drop your phone but the screen doesn’t crack 🧐
ethereum’s price struggles amidst bearish conditions, yet its on-chain activity booms—a classic case of market dissonance versus network utility. the discrepancy
The price of Ethereum is facing increased volatility, dropping to $3,000 amid bearish crypto market conditions. Despite this, Ethereum’s real on-chain economy is growing rapidly, outpacing the asset’s price movement. Milk Road, a market expert, highlights a significant disparity between Ethereum’s real economy growth and market value. The gap between stablecoin supply and ETH’s market cap suggests potential underestimation by investors. Ethereum’s fundamentals, including its on-chain dollar economy and stablecoin dominance, remain strong despite price fluctuations. Leon Waidmann emphasizes Ethereum’s resilience and growth in on-chain activity, contrasting bearish sentiments. ETH’s block space usage has continuously risen, driven by genuine economic activity and global trust in Ethereum’s ecosystem. The network’s fundamentals continue to expand, indicating long-term strength and value. 📈🔗
https://altcoin.observer/ethereum-price-underperformance-contrasts-explosive-growth-in-real-eth-activity-learn-how/
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