X @Ignas | DeFi

Market Sentiment - Bullish on Ethereum due to Layer 1 scaling and user resurgence [1] - Expectation of Ethereum reaching $10 thousand rapidly [2] Technological Advancements - Ethereum Foundation plans to deploy zkEVMs to the Ethereum mainnet within a year, aiming for cheaper and faster transactions [2] On-Chain Metrics - Ethereum active addresses are approaching all-time high (ATH), surpassing DeFi summer levels [3] - Transaction count is also nearing ATH [3] - Transaction fees are at all-time lows [3]