Ethereum moved only 0.40% to $2,677.96, but what I care about isn’t this drop by itself, but the way the network is being built. A large portion of activity is moving to Layer 2 such as Arbitrum, Base, and Optimism, while ETH is operating within an ecosystem that includes DeFi, RWA, and staking. Here the price moves, but the underlying structure continues to evolve.
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