Is the Ethereum mainnet truly "recovering"? The signals over the past week are indeed interesting.
First, perpetual contract platform Synthetix officially announced its return to the Ethereum mainnet. The founder's words hit hard—the Gas fees have dropped to 1/26 of what they were back then. Think about what this means. Projects that once fled the mainnet for Layer 2 due to high costs are now reconsidering.
Even more impressive, a suspected large holder has been aggressively buying ETH this week. $229 million worth of ETH is not a small amount, and this morning they added nearly $90 million more. This is not retail investor activity. Smart money is speaking with real cash, and such signals usually don't appear without reason.
Additionally, traditional financial giants like BlackRock and Mastercard are collaborating in the Middle East blockchain market, and the pace of institutional entry hasn't slowed. What does this reflect? The liquidity on the mainnet is re-concentrating, and the ecosystem's confidence is indeed building.
Upon reflection, the prosperity of Layer 2 is actually helping to reduce the load on the mainnet. Users and funds accumulated on Arbitrum, Optimism, and other L2s have tested stability. Some leading projects and large capital are naturally considering returning to the mainnet for stronger security and deeper liquidity—this is a positive feedback loop.
Therefore, the current increase in mainnet activity may not just be a short-term hotspot but a stage result of the ecosystem's layered strategy.
What do you think? Can Ethereum's narrative sustain this momentum throughout the year?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
5
Repost
Share
Comment
0/400
shadowy_supercoder
· 2025-12-22 03:01
Gas fees fell to 1/26? This is the real signal, the ones who ran to L2 must feel awkward now.
---
$229 million sweeping the market is no small move, smart money enters quietly like this.
---
What does Synthetix returning to Mainnet indicate? It indicates that gas is no longer an issue, so why wait so long before?
---
BlackRock and Mastercard's Middle East layout is indeed pushing ETH, but how long can it last?
---
Layer 2 accumulates users and then a large part flows back to Mainnet, this logic should have happened long ago.
---
Can Ethereum hold on until the end of the year? It feels like more practical applications are needed to make it happen.
---
Gas fees really dropping is the turning point, all the previous hype was empty.
View OriginalReply0
zkProofInThePudding
· 2025-12-20 14:45
Damn, the gas fees are really ridiculously cheap. What was that period called before? Now switching back to the mainnet feels more like a bargain.
View OriginalReply0
rekt_but_vibing
· 2025-12-19 03:33
The gas fee dropping to 1/26 is indeed outrageous, but I still think it depends on whether there will really be projects migrating back on a large scale... Right now, this wave might just be institutions bottom-fishing.
View OriginalReply0
APY_Chaser
· 2025-12-19 03:21
Gas fees dropping to 1/26 is really impressive, no wonder projects want to come back
The big players疯狂扫盘 (crazy buying) has a bit of a vibe...
Wait, is this a recovery or just another prelude to a new round of chopping the leeks? Why do I find it hard to believe?
Synthetix returning to the mainnet can be considered a trend indicator, but how long it will last is uncertain
BlackRock and Mastercard coming in definitely feels a bit different; the sense of institutional real money pouring in is pretty good
The mainnet liquidity re-concentration is spot on, but I don’t know how long it can last
This wave of flow back from L2 to the mainnet is indeed interesting, like a cycle
If this momentum can last until the end of the year, it would be amazing, but I can't bet on it
Smart money’s moves never lie, the question is, can we keep up?
View OriginalReply0
CodeAuditQueen
· 2025-12-19 03:19
Gas fees have dropped from their peak to 1/26, sounds good, but I'm more concerned about the audit status of the projects flowing back to the mainnet. The reentrancy bug in Synthetix is still fresh in my memory. Large investors pouring in money doesn't mean the contracts are safe.
#数字资产市场洞察 $ETH $BNB
Is the Ethereum mainnet truly "recovering"? The signals over the past week are indeed interesting.
First, perpetual contract platform Synthetix officially announced its return to the Ethereum mainnet. The founder's words hit hard—the Gas fees have dropped to 1/26 of what they were back then. Think about what this means. Projects that once fled the mainnet for Layer 2 due to high costs are now reconsidering.
Even more impressive, a suspected large holder has been aggressively buying ETH this week. $229 million worth of ETH is not a small amount, and this morning they added nearly $90 million more. This is not retail investor activity. Smart money is speaking with real cash, and such signals usually don't appear without reason.
Additionally, traditional financial giants like BlackRock and Mastercard are collaborating in the Middle East blockchain market, and the pace of institutional entry hasn't slowed. What does this reflect? The liquidity on the mainnet is re-concentrating, and the ecosystem's confidence is indeed building.
Upon reflection, the prosperity of Layer 2 is actually helping to reduce the load on the mainnet. Users and funds accumulated on Arbitrum, Optimism, and other L2s have tested stability. Some leading projects and large capital are naturally considering returning to the mainnet for stronger security and deeper liquidity—this is a positive feedback loop.
Therefore, the current increase in mainnet activity may not just be a short-term hotspot but a stage result of the ecosystem's layered strategy.
What do you think? Can Ethereum's narrative sustain this momentum throughout the year?