🚨 Ethereum transaction volume hits a record high, but prices are hovering at low levels? The signals behind this are not simple

Latest on-chain data shows that activity on the Ethereum network is rapidly increasing.

📊 On April 12th, daily transaction volume exceeded 3.61 million transactions
Setting a new record for Ethereum’s highest transaction count in history.

But at the same time, the market has shown a clear divergence between price and fundamentals:

📉 The ETH price has fallen back from the high of $4,700 and is currently mainly trading in a range of $2,000–$2,400.

💡 What does this mean?

Simply put, it means:

Prices are pulling back, but network usage is exploding.

Current on-chain growth is mainly driven by:

• Layer-2 scaling networks staying active
• Smart contract applications continuing to increase
• Growing demand for real on-chain usage

Meanwhile, retail speculation heat has clearly cooled, and short-term funds are decreasing.

📊 From historical experience

When a blockchain network shows:

Fundamentals continuing to grow + price performance lagging

It often means the market is in a rather special stage—
Value is accumulating, but sentiment hasn’t caught up yet.

In many cases, this stage is exactly when long-term capital begins to slowly build positions.

🌱 A message for all investors:

The market looks at price in the short term,
and looks at value in the long term.

When the price drops, many people exit,
but the truly smart ones will look at one thing:

Is this network still growing steadily? 🚀