Ethereum on-chain activity
Tom Lee notes that on-chain activity for Ethereum is increasing, indicating a potential for a significant rally as the year concludes. This heightened activity reflects growing interest and engagement within the Ethereum ecosystem. Analysts are observing these trends closely, as they may signal a favorable environment for Ethereum traders and investors. As more users participate in transactions and smart contracts, the underlying fundamentals of Ethereum appear to strengthen. This uptick in on-chain activity could provide the momentum needed for a year-end rally, according to market experts.
