Ethereum Price Dips to $3,000 Despite Strong Fundamentals and On-Chain Activity
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- On-Chain Activity Peaks: Ethereum's on-chain activity has reached all-time highs, yet its price hovers around $3,000, indicating potential undervaluation and presenting investment opportunities for discerning investors.
- Price-Fundamentals Disconnect: The 27.6% price decline in Q4 2025 starkly contrasts with Ethereum's robust network metrics and Layer 2 adoption growth, suggesting that market undervaluation may be impacting investor confidence.
- Supply Tightening Amid Demand Growth: Despite Ethereum's supply tightening due to staking and exchange reserves hitting multi-year lows, the price decline coupled with macroeconomic challenges may lead to strategic adjustments in market approaches.
- Historical Decoupling Signals: Ethereum has previously experienced similar disconnects between price and fundamentals, and analysts predict that if the price holds above $2,917.65, a rally could occur, indicating potential for market correction based on historical trends.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.





