According to the 'Chart of the Day' report by Matrixport analyst Markus Thielen, Ethereum maintains price stability despite record low fees.
Ethereum’s Resilience Amid Low Fees
As of July 9, 2025, Ethereum exhibits intriguing trends, as transaction fees have dramatically decreased from 36 Gwei to nearly zero since April 2024. Prices have fluctuated between $1,400 and $3,800, highlighting its resilience even with weak network activity.
Institutional Interest and Seasonal Factors
The analyst noted that the adoption of Ethereum as a treasury asset by certain companies provides significant price support. Additionally, a substantial portion of stablecoin issuance continues on the Ethereum network, maintaining its essential usage. Furthermore, important negotiations on the 'GENIUS Act' in the U.S. have strengthened Ethereum's institutional significance.
Investor Recommendations
Matrixport analysts recommend that investors holding long positions in ETH pay attention to the $2,500 level as a key support level to protect their investments.
Ethereum's resilience to changes in its network usage highlights its unique market dynamics and potential for further growth.
