Ethereum Network Activity - Ethereum reached all-time highs in transaction count [1] - Active addresses on Ethereum also reached all-time highs [1] - Ethereum throughput reached 1.88 mega gas per second [1] Gas Consumption - ERC20 transfer consumes approximately 40 thousand gas [1] - A swap operation consumes approximately 350 thousand gas [1] Market Outlook - The industry anticipates that $ETH will soon reach an all-time high [1]

Ethereum reached ATHs in:- Transaction count- Active addresses- Throughput (1.88 mega gas per second)**Throughput: the total compute (gas) those transactions consume not just transactions per second.ERC20 transfer ~ 40k. Swap 350k gas.$ETH ATH soon to follow. https://t.co/osl5XQ3JPK ...

Web3 Adoption - Mass adoption of Web3 requires privacy solutions [1] - Encrypted ERC20 (eERC20) is crucial for real-world Web3 applications, including institutional finance and onchain payrolls [1] Hackathon & Development - Hack2Build: Privacy Edition aims to develop privacy tools for Web3 [1]