Ethereum's network metrics remain robust despite a 17% drop in ETH's price. Marius Van Der Wijden from the Ethereum Foundation highlighted the market's difficulty in reflecting on-chain fundamentals. Messari analyst Sam Ruskin noted Ethereum's TVL in ETH terms is near historical highs, suggesting capital retention within the ecosystem. The staking entry wait time is around 70 days, indicating sustained institutional interest. Ether.fi CEO Mike Silagadze reported ongoing user and revenue growth, while RedStone CEO Marcin Kazmierczak described the price drop as market noise, with fundamentals intact.
Ethereum Network Metrics Strong Despite 17% ETH Price Decline
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