Ethereum’s Layer 1 network has reached new heights in transaction volume, with activity surging to record levels. This surge is driven by lower gas fees, which have fallen near all-time lows, making the network more accessible for users and developers. As a result, Ethereum is experiencing a renewed interest in decentralized applications (dApps), Non-Fungible Tokens (NFTs), and token transfers. This trend points to real improvements in Ethereum’s scalability and efficiency. For those building on Ethereum, this shift offers the opportunity for experimentation and innovation at lower costs. For users and investors, this signifies a move toward greater sustainability and scalability for Ethereum. If this momentum continues, Ethereum may reclaim its position as a leading platform for diverse blockchain activities, encompassing DeFi, gaming, and more.