ETH up 7.5% from $2,396 on Aug. 27, but down 22% over the past 30 days, investors worried. Despite increased Ethereum network activity, ETH has yet to recover to $3,800 since early June.

- Weak spot ETF demand weighs on ETH

- Altcoin market cap down 13% over the past 30 days, ETH underperforms peers

- Ethereum average transaction fees fall below $1 for first time in 4 years

- TVL on Ethereum network up 4% to 18.9 million ETH

DApp volumes on Ethereum increased 36% from July 22 to July 29, driven largely by Uniswap and Balancer. However, active addresses and transactions are down 8% since August 22.

- ETH spot ETF has $107 million outflow in the past 2 weeks

- BTC spot ETF has $523 million inflow in the same period

What do you think about the future of ETH? Comment now! 🚀#Crypto#Ethereum #Blockchain