Ethereum’s recent surge in popularity is surprising, given that it is down by 55% from the previous high. Ethereum has become a phenomenon, with three main reasons driving its popularity and making it central. What’s the deal with Ethereum and why does it have so much central attention now? We’ll find out.
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Ethereum: 3 Reasons to Buy Now
As per Leon WaidmannAs per, Lisk’s head of research, Ethereum’s mainnet hit a transaction record of $3.62 million. This number is even more impressive because it was reached in a day. ETH has become a major player on the market. ETH transactions per day have been on the rise since November 20,25. Waidmann explains that Ethereum’s “L1” activity is gaining in popularity.
“3.62M transactions in a single day. First time ever above 3.0M. Daily transactions have been trending up since November 2025. Baseline shifted from ~1.5M to ~2.5M over 6 months. A new ATH is set for April 12, 2026. Combine the above data with the 284k new users in Q1 and the record stablecoin supply, and the picture is clear. Ethereum L1 activity is not slowing down. It is growing steadily.”
Crypto analyst Crypto Patel also posted a bullish set-up for ETH. Expert noted that ETH currently projects a rainbow-like pattern which could improve ETH’s price prospects if it manifests in the correct way.
According to Ash Crypto, a renowned cryptocurrency expert, ETH’s MACD weekly bullish cross was confirmed. This suggests ETH could be on the rise.
Tom Lee’s ETH Forecast Remains Consistent Despite Uncertainty in the Market
Tom Lee of FundStrat has remained steadfast in his ETH forecast, claiming despite current market turmoil that ETH would reach $60K at some point.
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Source: watcher.guru
