ETH
2,282.18
-1.82%
is currently experiencing high volatility, dropping below $2,800 amid significant institutional outflows from spot Ethereum ETFs. The price decline is attributed to a broader market cool-off and macroeconomic uncertainty, though long-term analysts suggest it is in an accumulation phase. Despite the price drop, network activity and stablecoin usage on Layer 1 are at an all-time high, indicating genuine use cases rather than just speculation#CZAMAonBinanceSquare