Ethereum is turning heads right now. The network just hit a remarkable milestone—2.9 million daily transactions—marking a fresh all-time high. Even more interesting? ETH is holding strong near the $3,000 level despite this surge. At current valuations, many traders argue that Ethereum is severely underpriced relative to its on-chain activity and ecosystem utility. The gap between transaction volume and price action raises some serious questions about whether the market is properly reflecting Ethereum's fundamental strength. For those tracking digital assets, this divergence deserves closer attention.