Why did ETH Spike? Since the merge backs Sept of 2022. It seems that we are starting to rebound. In addition, the project called XEN Crypto is increasing network traffic. Which is also using the ETH'S network. It's important that you research the coins that you are interested in prior to investing so that you know what is going on. Here are the references for my research.
cointelegraph.com/ne...s-burned-in-one-week
www.youtube.com/watch?v=rVhsrUSI...
cointelegraph.com/ne...s-burned-in-one-week
www.youtube.com/watch?v=rVhsrUSI...