币界网报道：Ethereum's on-chain activity has surged to its third-highest level in history, driven by a spike in transactions and network engagement. Data from Glassnode reveals that daily active addresses recently peaked at over 1 million, signaling robust user participation. The surge coincides with heightened DeFi activity, NFT trading volume, and the growing adoption of layer-2 scaling solutions. Analysts attribute the uptick to Ethereum's ongoing upgrades, including the transition to proof-of-stake (PoS) and the anticipated EIP-4844 implementation, which aims to reduce gas fees further. Major protocols like Uniswap, OpenSea, and Aave continue to dominate transaction volumes, while institutional interest in staking and yield farming remains strong. Despite market volatility, Ethereum's network fundamentals appear resilient, with total value locked (TVL) in DeFi surpassing $50 billion. Developers are also optimistic about Ethereum's roadmap, particularly the full rollout of sharding, which could enhance scalability and throughput. However, challenges like high gas fees during peak times and competition from rival blockchains persist. Industry experts suggest that Ethereum's ability to maintain its lead hinges on timely upgrades and broader ecosystem adoption. Meanwhile, ETH's price has shown relative stability, trading above key support levels as investors monitor macroeconomic factors and regulatory developments. The network's latest milestone underscores its pivotal role in the Web3 landscape, even as it navigates technical and market pressures.