đ° News Alert...
đ Title: Ethereum's 'Capitulation' Suggests ETH Price is Undervalued, According to Fidelity Report
đď¸ Published: 2025-04-29T23:00:57+03:00
đ Summary: A new report from Fidelity Digital Assets has shed light on the current state of Ethereum, indicating that several on-chain metrics suggest ETH is currently trading at a discount. Despite a challenging first quarter where ETH's value dipped significantly, indicators such as the MVRV Z-score signal potential recovery. Notably, Ethereum's layer-2 active user addresses have reached an all-time high, reflecting increased adoption in the broader Ethereum ecosystem. Analysts express cautious optimism, highlighting that current market conditions may present an opportunity for investors considering the long-term value of Ether.
đ
https://cointelegraph.com/news/ethereum-s-capitulation-suggests-eth-price-is-undervalued-fidelity-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
đď¸ Source: Cointelegraph by Biraajmaan Tamuly
đ #Ethereum #Blockchain #CryptoMarket
tzongocu
npub10uâŚmz5qy
2025-04-29 20:01:04
Author Public Key
npub10u8xfdfw7447c26c34rql333yh6k0kevq9x3an8gqmvdtdpqnchqpmz5qyPublished at
2025-04-29 20:01:04Event JSON
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"content": "đ° News Alert...\n\nđ Title: Ethereum's 'Capitulation' Suggests ETH Price is Undervalued, According to Fidelity Report\nđď¸ Published: 2025-04-29T23:00:57+03:00\nđ Summary: A new report from Fidelity Digital Assets has shed light on the current state of Ethereum, indicating that several on-chain metrics suggest ETH is currently trading at a discount. Despite a challenging first quarter where ETH's value dipped significantly, indicators such as the MVRV Z-score signal potential recovery. Notably, Ethereum's layer-2 active user addresses have reached an all-time high, reflecting increased adoption in the broader Ethereum ecosystem. Analysts express cautious optimism, highlighting that current market conditions may present an opportunity for investors considering the long-term value of Ether. \nđ \nhttps://cointelegraph.com/news/ethereum-s-capitulation-suggests-eth-price-is-undervalued-fidelity-report?utm_source=rss_feed\u0026utm_medium=rss\u0026utm_campaign=rss_partner_inbound\n\nđď¸ Source: Cointelegraph by Biraajmaan Tamuly \nđ #Ethereum #Blockchain #CryptoMarket",
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}