Ethereum Roars Back: On-Chain Metrics Signal Profit Surge
After months of sideways action, Ethereum’s on-chain data just flipped the script. Miners and stakers are popping champagne—profitability’s back on the menu.
Network activity? Spiking. Gas fees? Climbing. Those ’ETH is dead’ tweets? Quietly deleted. Even the Wall Street suits are dusting off their ’web3 strategy’ decks (just in time for bonus season).
This isn’t just a dead cat bounce. The blockchain doesn’t lie—smart money’s building positions while retail still thinks it’s 2022. Question is, will the rally hold... or is this another ’buy the rumor, sell the news’ special?
Bitcoin Breaks Records, But the Real Momentum May Still Be Ahead
Additional data from Glassnode confirms Ethereum has regained important valuation benchmarks. The asset has surpassed its Realized Price—a metric reflecting the average cost basis across the network—currently NEAR $1,900. It has also broken above the True Market Mean at $2,400, which adjusts for dormant supply.
The final hurdle? The Active Realized Price at approximately $2,900, which WOULD mark full recovery across active market participants.
With most holders back in profit and critical on-chain thresholds reclaimed, Ethereum’s latest upswing appears to be built on firmer footing than recent attempts.
