Ethereum price remains around $4,310 while gas is notably low at 0.13 gwei

Eth price around the mid-$4k range indicates relative price stability in the near term, assuming macro conditions remain supportive. The unusually low gas at 0.13 gwei reduces on-chain costs, which can spur higher transaction throughput and tooling activity. If gas remains cheap, ongoing network use could stay flexible, supporting smaller traders and developers who rely on efficient execution. A potential risk is that low gas could reflect reduced network demand, which may precede a shift in ETH price if macro factors change. Overall, the current setup favors active on-chain activity without pressuring ETH price higher in the immediate term.