CryptoQuant: Ethereum Faces "Adoption Paradox," ETH Could Drop to $1,500

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Deep Tide TechFlow News, March 13 — According to The Block, CryptoQuant analysts say Ethereum is facing an “adoption paradox” — network activity continues to hit record highs, but ETH prices are falling sharply, showing a clear divergence. CryptoQuant Research Director Julio Moreno stated that if the bear market persists, ETH could drop to around $1,500 by late Q3 to early Q4 of this year.

CryptoQuant data shows that last month, the number of daily active addresses on Ethereum surpassed the 2021 bull market peak. The volume of internal smart contract calls also hit a record high. The expansion of decentralized finance, stablecoins, and layer-2 networks are the main driving factors. However, ETH prices have already fallen more than 50% from the cycle’s high, and the historically observed positive correlation between network activity and price has become invalid. Moreno said that for ETH to exit the bear market, two conditions must be met: net capital inflow turning positive, and exchange inflow decreasing.

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OneLeafKnowsAutumnvip
· 6h ago
Things that happen in the Year of the Monkey and Month of the Horse are not very reliable.
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CoolCommandervip
· 6h ago
Shabi (Sand Coin)
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