Ethereum's price has been struggling to stay above $3,200, but its onchain metrics are improving. Despite high transaction fees, Ethereum remains a leader with $149.9 billion in onchain volumes over the past month, far outpacing competitors like BNB Chain. The network's dominance in fees and staking rewards is evident, generating $163.7 million in fees in 30 days. Solana, however, is gaining ground with an 83% increase in onchain volume. Ethereum's future hinges on its scalability strategy, with Ethereum 3.0 aiming to enhance performance through sharding and zkEVM technology.