**News Flash: Grayscale Ethereum Trust Sees First Day of Zero Outflows**
The Grayscale Ethereum Trust (ETHE) has recorded its first day of zero outflows, breaking a streak of daily outflows since its inception. This milestone coincides with a surge in on-chain activity for Ethereum and its layer-2 networks.
Key Points:
- ETHE's zero outflows on Aug. 12 mark a significant change, following nearly $2.3 billion in Ether outflows since its launch.
- Ethereum-based decentralized exchanges (DEXs) saw a 12% rise in trading volumes, while Solana-based DEXs experienced a 10% decline.
- Uniswap reported 8.65 million new addresses in July, almost double June's figures.
- Ethereum layer-2 networks hit 298 transactions per second on Aug. 12, nearing their all-time high.
Analysts suggest that diminishing outflows could signal a bullish trend for Ether, drawing parallels to Bitcoin's price movement post-ETF approvals.