Ethereum Network Activity Surges Unusually – What Does it Mean For ETH Price?

While Ethereum (ETH) price action in December has shown a narrowing range around the $3,000 level, appearing poised for a potential breakout, on-chain data has recorded unusual signals. What are these signals, and do they carry positive or negative implications for the ETH price? Ethereum Transaction Count Surges Sharply in December CryptoQuant data shows that in the final days of December, the number of transactions on the Ethereum network spiked sharply. Daily transactions exceeded 2. 1 million source: https://beincrypto.com/ethereum-network-activity-surges-unusually/