Ethereum network sets strong second quarter, but there are worries

Ethereum (ETH) has had an impressive second quarter. With a price increase of more than 33 percent, it is one of the best performing periods of recent years for ETH. The increase feeds the hope for a breakthrough towards the psychological limit of $ 4,000 later this year. The positive fundamental figures from the network could be a harbinger of this.

Trust grows: strike reaches record high

One of the most important signals of trust in the Ethereum network is the growth in the number of stabbed ETH. These are ETH tokens that are secured to help verify transactions. More than 35 million ETH has now been fixed, accounting for almost 30 percent of the total stock of ETH tokens. The value of this is more than $ 84 billion.

This increase does not fall from the sky. Since the guidelines of the American Securities and Exchange Commission (SEC) have become clearer, institutional parties have become more active. In June alone, more than 500,000 ETH was staked.

The network activity has also increased considerably. In May 2025, Ethereum registered more than 20 million active addresses per week. These are the addresses that enter into interactions with the network. These are by far the highest figures of the past three years. These figures underline the increasing use and importance of the network within the crypto industry.

Centralization continues to worry child

Yet not everything is rose scent and moonshine. The growth of strike leads to increasing concerns about centralization. Three parties: Lido, Binance and Coinbase, together manage nearly 40 percent of all staked ETH. Lido in particular is dominant with 25.6 percent, or 8.7 million ETH.

This concentration makes Ethereum vulnerable. In theory, a malfunction at one of these parties could have major consequences for the network. Increasing loan costs are also reported on defi-platforms, which indicates reduced liquidity due to the scarcity of liquid strike tokens such as Steth.

After a weak first quarter, Ethereum now recovers convincingly. Although there are no guarantees, the current momentum, and the favorable fundamental figures, points to a possible climb towards 4,000 dollars in the coming months. This would be a welcome development for the altcoin market.

EHH is currently still acting considerably with a current course of approximately $ 2,450. Although the race rose above 2,500 last night, ETH returned a large part of it during the day.