Ethereum is trading above $2,900, which is 1.8% more than it was 24 hours ago. But the actual drama is happening beneath the surface. Even while prices are still stuck in a limited range, on-chain indicators show that more institutions are using the platform and developers are becoming more confident. This might lead to a big surge in 2025. In the fourth quarter of 2024, the Ethereum network quietly reached an amazing milestone: it deployed 8.7 million new smart contracts, which is the most ever and far more than any prior record. Token Terminal says that this rise is due to natural growth in three main areas: ... (full story)