According to the latest data, the seven-day average transaction volume on the Ethereum Blockchain has reached a historical high, which has attracted widespread follow in the industry.

The recent prosperity of Ethereum can be attributed to the combined effect of three key factors: strengthening prices, increased on-chain activity, and favorable capital flows. This resonance of multiple factors is reminiscent of the classic patterns of market uptrends in the past.

From a funding perspective, the Ethereum inventory of centralized exchanges (CEX) is continuously decreasing, while ETFs are also constantly absorbing funds. This ongoing supply-side contraction undoubtedly provides strong support for the market.

On the other hand, the market's expectations regarding several important factors appear to be not fully digested yet. These include Ethereum's upcoming fee switch mechanism, the application of restaking technology, and the development of treasury companies. All these factors could potentially bring more benefits to Ethereum in the future.

Overall, the strong momentum that Ethereum is currently exhibiting is supported by fundamental factors and has potential for future development. As these positive factors gradually become apparent, the development prospects of Ethereum are worth looking forward to.