Compass Investments Ethereum at a Crossroads: Price Stalls While Network Use

📌 Ethereum at a Crossroads: Price Stalls While Network Use Hits Records – Ethereum trades below $1,600, less than a third of its all-time high, yet network activity hits records. A structural shift between two value models explains…

$\\n \\n$ETH, #Ethereum trades below $1,600 — less than a third of its all-time high — even as on-chain activity, L2 volumes and active addresses hit fresh records. Ethereum$

$ETH, #Ethereum trades below $1,600 — less than a third of its all-time high — even as on-chain activity, L2 volumes and active addresses hit fresh records. The divergence points to a structural shift: markets still price a scarcity/staking narrative, while real value increasingly stems from utility-driven cash flows (fees, rollups, MEV, tokenized RWA). The crossroads forces investors to decide which value model will anchor ETH’s next leg.

#Macro Insights# #DeFi