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Currently, key Ethereum (ETH) indicators are polarized

Source: CoinWorld
According to Bijie.com, Messari analyst AJC said that Ethereum's online revenue in August was US$39.2 million, a year-on-year decrease of 40%, causing controversy about "decline". But industry insiders refuted that Ethereum's active address exceeded 552,000, an increase of 21% year-on-year, and the stablecoin supply and Layer2 have made strong progress, and value should not be measured only by revenue. Merklie Tree Capital pointed out that Ethereum has been declared "death" 40 times this year, but its DeFi ecosystem and spot ETF potential still support its long-term position.
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