Share And Analyze Ethereum Transaction And Bull Run Comming Soon

The ethereum fees going up well it's because of the daily ethereum transactions are now reaching new all-time highs going above the early 2020 peak this is completely insane look at this what's the january 2020 peak where we saw the big ico bubble happening and ever since we did see a decrease in the amount of daily transactions from ethereum

This chart is spiking back up again showing us that there is a massive demand for using ethereum many daily transactions and i cannot see any other narrative then that this is very good for ethereum this is bullish for ethereum obviously there are problems with this also because ethereum cannot handle all of these transactions but this could be solved in the future and i think that this is a good sign for ethereum essentially personally

I do hold the theory because i think that there will be a lot of demand for ethereum especially as we see this big defi hype happening and according to this on-chain analysis that i'm making here we can see that it is literally that people are using ethereum this is like on chain analysis is bullets proof it's very transparent and it's very there essentially

You can take any blockchain if you just go and analyze it then you can get real-time undeniable data and that's very interesting of course because it's only in crypto where we can do that i mean you cannot go to a bank and exactly see transparently what they're doing you have to ask them and then they you have to trust that they give you the transparent data but actually they could lie but the blockchain cannot lie if you have 100 if you have one million transactions on ethereum then that's what it is like no one can lie it's right there it's a blockchain it's transparent