Ethereum fees and DApps activity surged, surpassing Tron and Solana. ETH holds steady around $4,300 despite a 15% drop from the all-time high. Negative remarks from Trump on India-US relations lead investors to cut, impacting markets. Nasdaq drops 1.3%, gold hits all-time high. Ethereum’s network activity strengthens, surpassing Tron in fees.
In August, Ethereum DApps generated $466 million in fees, up 36% from the previous month. Derivatives show caution, but rising institutional reserves reinforce ETH’s long-term bullish outlook. Corporations add 2 million ETH to reserves in past 30 days. Some companies starting to invest in Ethereum-based DApps, boosting ecosystem activity. Ethereum well-positioned to regain bullish momentum despite cautious signals from derivatives markets.
Read more at Cointelegraph: ETH Aims To Hold $4.3K, Corporate Treasury Growth Could Help
