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Create Free AccountEthereum (ETH) network fees surged by 36% due to increased demand for Real-World Asset (RWA) settlements and substantial stablecoin flows. Alongside this fundamental growth, Ethereum options open interest has reached $5.56 billion, signaling significant institutional positioning. However, the asset is now facing persistent selling pressure and price weakness on the charts despite a tightening supply landscape. ETH has encountered repeated rejections at key resistance levels with declining momentum, suggesting that sellers remain in control in the short term. This creates a notable divergence between strong on-chain revenue growth and a bearish technical outlook. Analysts are closely watching whether the robust network activity can eventually overcome the current technical resistance.