strong buy
Ethereum hits new records in daily activity metrics
Ethereum has achieved a new all-time high in daily gas consumption, reaching 162 billion units, accompanied by consecutive days where over 500,000 active addresses were recorded. This marks a significant milestone not seen since March 2024. Additionally, weekly transactions have surged to 10.3 million, the highest level since May 2021.
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AI Analysis
The recent surge in Ethereum's network activity, including a new all-time high in daily gas consumption and sustained high levels of active addresses, indicates a significant increase in usage and eng...
AI Recommendation
Given the current surge in network activity and the potential for increased user engagement, it would be prudent to hold or cautiously accumulate Ethereum if the fundamentals continue to support this ...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.