Despite record-high network activity, Ethereum’s price is under downward pressure, reflecting an ongoing bear market risk as detailed by CryptoQuant.
CryptoQuant identifies the ‘adoption paradox’ where Ethereum’s on-chain activity rises even as its price declines, leading to contrasting market behaviors.
The research emphasizes the need for positive capital inflows to reverse price trends, as recent data shows a significant disconnect between ETH’s price and network activity.