Ethereum’s network activity is slowing down, but is it a sign of weakness? Gas fees are at their lowest in months, and on-chain data suggests reduced demand. However, Layer 2 solutions continue to grow, and ETH staking is increasing. Could this be a calm before the next surge?

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Ethereum's network slowing down might indicate a shift towards Layer 2 solutions and ETH staking. Lower gas fees could attract more users to the network. The calm before the storm or a new phase of efficiency? Time will tell.