Particle.news
Download on the App Store

Ethereum Sentiment Slides to Pre‑Rally Lows as On‑Chain Activity Rises

Analysts cite stronger network growth plus staking interest as signs the backdrop may be improving.

Overview

  • Social media sentiment around Ethereum has fallen to levels last seen before the 2025 surge, according to Santiment’s Brian Quinlivan.
  • Ether trades near $3,099 per CoinGecko, roughly 36% below its Aug. 23 all‑time high after a marketwide pullback that followed the Oct. 10 liquidation event.
  • Quinlivan points to accelerating network growth and increased attention on staking as constructive on‑chain trends.
  • Broader market risk appetite remains muted, with the Crypto Fear & Greed Index posting a ‘Fear’ reading of 29 on Sunday.
  • Vitalik Buterin says PeerDAS from the Fusaka upgrade, zero‑knowledge proofs, and sharding should boost mainnet throughput, while layer‑2 networks will still be necessary for higher‑speed use cases.