Even though Ethereum has shown signs of growth so far in the first half of the year, $ETHperformance is slow. While trading was weak, growth in lending and other activities more than offset it.
Ethereum completes first quarter with great success based on Token Terminal data. meanwhile $ETH The Ethereum network is still stagnant, trading in the $1,700 range, but it did show peak activity in the first half of 2026.
Over the past six months, Ethereum has set a daily transaction record of 3.6 million transfers across 600,000 active wallets each day. Ethereum remains the main hub for DeFi activity and stablecoin transfers.
Token Terminal estimates that the Ethereum ecosystem has a total of $316.2 billion locked up across all apps and vaults, an increase of over 22% over the past quarter. The network continues to support lending, liquidity provision, and various airdrop farming venues.
Latest Ethereum upgrade also boosts gas fee New lows and easier retail transactions. As a cryptopolitan reported Previously, some of the activity was due to dust attacks, causing waves of depleting personal wallets.
Will Ethereum maintain its momentum?
Ethereum delivered strong performance in the first quarter, bringing the first half of 2026 ahead of schedule. Some of the momentum in trading activity continued in the second quarter.
The biggest factor in locking in Ethereum’s value is the new wave of asset tokenization. Ethereum has tokenized 1,058 assets and has 199,156 holders, an increase of 11% in the last month. Transactions of RWA tokens also increased significantly 30% In the past month. Most asset classes on Ethereum showed year-over-year growth.
The Ethereum network entered a transition period in the second half of the year after a big wave. come out We provide information from leading engineering experts. The chain is currently relying on a combination of interest from financial institutions, the return of retail users, and the unique appeal of DeFi apps.
According to Ethereum, Ethereum also relies on attracting large-scale financial operations through an open on-chain structure, demonstrating the benefits of a private network. analysis By the Etherealize team.
intention $ETH Does it reflect the success of the Ethereum chain?
As of June 18th, $ETH It traded for $1,748.28. The asset is down 17.2% in the second quarter year to date after posting a 29.1% net loss in the first quarter.
In the first half of the year, $ETH Open interest also showed a downward trend, dropping from over $17 billion to $10 billion. of $ETH index of fear and greed I oscillated between a position of neutrality and a position of fear. Retail sentiment for the first half of the year was $ETH It remained low. Whales were also waiting in June. 86% Large-scale on-chain transfers are reduced.
stagnate $ETH The slowdown in prices and whale activity sends a signal of unreliability. The main story is $ETH That means the tokens can appreciate as the network grows in value and is used for large-scale financial operations.
One of the expectations is $ETH That means increased usage by institutional investors could lead to purchases and support market prices.
