Ethereum has been through the ringer and it seems to almost be a dying breed of blockchain now that others are coming out with faster, lower fees to them which do the same thing that Ethereum does.
Part of that struggle for Ethereum lately hasn't just been the higher fees but the massive competition that's been happening. However a vast majority of that has been within the meme coin sector. Ethereums applications however seem to be getting more active but could that simply be because of the major bull run pushes happening on Bitcoin at the moment.
Ethereum has reported a surge of 38% volume on their Dapps but the price doesn't seem to really be following through just yet. But will it?
It's clear that most people are still after Ethereum because of it's high value. Even though you pay pretty high fees here there's a solid system in place with lots of rewards that keep larger investors coming back and paying those pesky high fees. The crazy thing is though these higher fees are not really that high once you start trading $1,000+. But those small transactions can often price out the little guy giving Ethereum a code for the rich these days.