The Ethereum ecosystem continues to lead in development activity, according to analytics firm Santiment, with a unique metric that accurately reflects developers' contributions. Despite recent market downturns, 61% of Ethereum holders remain profitable, indicating strong long-term belief in its value. Ethereum's value has seen a modest increase of 5% recently, with its price hovering around $2,423, following the broader recovery in the cryptocurrency market. The transition to a proof-of-stake consensus mechanism has significantly enhanced Ethereum's sustainability and attracted more environmentally-conscious investors. Additionally, rising leverage ratios and a decline in new addresses could signal increased risk and reduced interest, respectively. Ethereum co-founder Charles Hoskinson notes that former President Trump is favored in cryptocurrency discussions, emphasizing a global embrace of digital currencies irrespective of U.S. politics.