Ethereum's on-chain transaction volume is supporting the recent price increase. Higher transaction volumes typically signal strong network activity and investor confidence, which can contribute to upward price momentum. When Ethereum experiences significant on-chain transactions, it reflects growing demand for the network, which can drive prices higher. The rise in transaction volume, alongside other factors like staking participation, suggests that Ethereum is gaining traction in both its usage and value. This ongoing network activity may continue to support the bullish trend in Ethereum's price.
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She sings in the choir.
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She likes to paint.
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