$ETH
still looks solid.
About 35 percent of supply is staked. People are still lining up to get in. Almost nobody is rushing out.
L1 is doing close to 2 million txs a day. Fees are tiny. Gas is sitting around 0.1 gwei. The chain is not congested. It is just doing its job.
Burn is weak right now so supply is growing a little. That is the tradeoff for cheap blockspace.
Not a mania tape. Just a network that is working. Feels like another decent season from here.
still looks solid.
About 35 percent of supply is staked. People are still lining up to get in. Almost nobody is rushing out.
L1 is doing close to 2 million txs a day. Fees are tiny. Gas is sitting around 0.1 gwei. The chain is not congested. It is just doing its job.
Burn is weak right now so supply is growing a little. That is the tradeoff for cheap blockspace.
Not a mania tape. Just a network that is working. Feels like another decent season from here.