Ethereum's On-Chain Signals Flash Bullish Amid Market Recovery and Price Predictions
Ethereum's supply on crypto exchanges as a percentage of its total supply has hit a fresh all-time low, indicating limited sell-off pressure on the leading altcoin. Additionally, ETH's average transaction fees have fallen to a level last witnessed before Ethereum's ascent to its 2023 highs. Meanwhile, Bitcoin Cash has received support from EDX Markets, leading to a massive 79% price gain in four days and a three-year high in social discussion rates.