Steno's heavy prediction: Ethereum will explode, and the surge in on-chain activities will usher in the spring of ETH!

According to the latest report from Steno Research, the decline of Ethereum (ETH) may have ended, and the market is about to turn around! The report pointed out that whether it is compared with the exchange rate of fiat currency or BTC, ETH is expected to regain its luster. The surge in on-chain activities this round, especially the popularity of DeFi, stablecoins and NFTs, has injected strong momentum into the Ethereum ecosystem. It has been proven in the past that the ETH/BTC exchange rate doubled in just two months, and this market may verify this trend again.

The double benefits of interest rate cuts

The latest interest rate cut policy of the Federal Reserve has quietly boosted the activity of on-chain transactions. As the main network for decentralized applications, Ethereum will undoubtedly benefit greatly from this background. In the coming weeks, on-chain activities may continue to grow, providing solid support for the price of ETH, and market confidence is expected to recover quickly.

The spring of ETH is coming, and the surge in on-chain activities is just the beginning! If you want to seize this wave of dividends, pay attention to Lao Lin and don't miss the next wealth code!

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