On-chain activity is heating up, but big money is still standing by 👀 $ETH Ethereum just saw a clear spike in activity: ~3.6M transactions/day (+41% vs. last week). That means retail users are returning to the chain—no more “dead vibe” 🔥 But… ETF flows aren’t keeping pace. => Big capital remains hesitant, not fully committed. The $XRP ETF saw minor inflows (~$1.46M), mostly from a single fund. Solana’s ETF remains virtually flat, with no significant movement. 👉 The big picture: User activity ↑, but large capital is still watching. To be blunt: The market is in a “hot inside, cold outside” phase 🧊🔥 Those who understand this phase typically enter before the narrative takes off.