🚀 Despite the rumors of ETH's demise, it's alive and kicking with a 35% price surge this month! Traders are diving into derivatives, pushing open interest to a record 6.32M ETH. 📈

The premium on futures is climbing, sparking interest in cash and carry trades, and boosting U.S.-listed spot ETH ETFs. Options market activity on Deribit is at its highest since June. 💼

Ethereum-based apps now hold $65B in assets, with Lido, Aave, and EigenLayer leading the charge. Solana may be popular, but ETH's got more USDT than Tron for the first time since June 2022. 💪

Feeling bullish? Share your thoughts in the comments! 🤔