ChainCatcher news, the blockchain market is booming again! According to OKX market data, the price of Ethereum has experienced significant fluctuations in recent days, falling below the $3,400 mark and currently trading at $3,396.74, a drop of 7.25% in 24 hours. This change has attracted widespread market attention, and investors need to pay close attention to on-chain data in order to adjust investment strategies in a timely manner.

During this wave of price fluctuations, changes in market sentiment and trading volume deserve further analysis. On-chain data analysis shows that Ethereum’s transaction activity has increased recently, which may be related to the market’s uncertainty about future trends. While investors are paying attention to price changes, they should also pay attention to changes in market capitalization rankings to fully grasp market dynamics.