币界网报道：Ethereum network activity has surged by 30% over the past month despite stagnant ETH prices, signaling strong underlying usage amid market uncertainty. Daily active addresses climbed to 487,000 while transactions rose to 1.12 million per day, driven by growing DeFi and NFT interactions. Layer 2 solutions like Arbitrum and Optimism accounted for over 60% of this activity, processing transactions at 90% lower costs than Ethereum mainnet. Analysts note the divergence between network metrics and price action suggests accumulation by long-term holders, with exchange reserves dropping to 5-year lows. The surge coincides with anticipation for Ethereum's upcoming Dencun upgrade, expected to further reduce L2 fees. Meanwhile, ETH staking continues growing, with 26% of supply now locked in the Beacon Chain. Market observers highlight that while ETH remains range-bound between $1,800-$2,100, the fundamental network usage paints a bullish long-term picture for Ethereum's ecosystem growth.