Ethereum’s burn rate has dropped to 53.07 ETH, valued around 106,000 USD. This decline indicates lower demand for blockspace, which may impact overall network health.

Transaction fees have retreated to an average of 0.41 USD, down from peaks of 15.21 USD over the last two years, affecting Ethereum’s attractiveness to users.

Standard Chartered revised its Ethereum price forecast for 2025, lowering it from 10,000 USD to 4,000 USD, largely due to the surging competition from Layer 2 networks.