... surged by approximately 50%, first exceeding the $3,500 mark since spring. By the end of the month, Ethereum approached the psychologically significant level of $4,000 , yet encountered selling resistance when nearing ~$3,900. By taking profits, traders prevented an immediate breakout above this level, and by the end of the week, Ethereum fell back to around ~$3,700–3,800, which is still significantly above levels seen at the start of summer. The fundamental factors for Ethereum remain positive. Institutional ...

... resulting in two parallel networks. Interesting Facts: Ethereum introduced the concept of “gas” – a fee in ETH charged for executing each operation or smart contract. This incentivizes miners (and later validators) to process transactions and prevents network congestion. In 2021, an EIP-1559 mechanism was implemented in the network, which began burning a portion of processing fees, potentially making ETH a deflationary asset during times of high network usage. Another key fact is that Ethereum ...