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Ethereum's network upgrades boost activity but price lags; Q2 shows signs of a potential rally.

Protocol Fundamentals
18 Apr 2026
AMBCrypto
View Source
Bullish
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Ethereum experienced a 29.26% price drop in Q1 2026 despite network upgrades Fusaka and Pectra improving fundamentals. However, on-chain activity surged with a record 200 million transactions, a 43% increase from Q4 2025, alongside rising active addresses and throughput. Stablecoin usage and staking demand remain strong, with Ethereum's staked supply nearing 40 million ETH, tightening liquid supply. Institutional ETF inflows into ETH outpace Bitcoin, suggesting growing investor interest and setting the stage for a possible Q2 price rally.

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