Ethereum’s price has reached a new all-time high, surpassing $4,500 in August, fueled by bullish sentiment and growing institutional interest. However, the network’s revenue and fees paint a contrasting picture. While ETH prices surge, revenue from its fee-burning mechanism has significantly decreased in August, raising concerns about Ethereum’s long-term financial stability. Ethereum’s total revenue fell 44% from $25.4 million in July to $14.1 million in August, while network fees dropped by 19%, from $49.6 million in July to $39.7 million in August. This divergence between price performance and income generation is generating debate within the crypto community.