Ethereum’s ‘capitulation’ suggests ETH price is undervalued: Fidelity report

">">Key Takeaways: Fidelity Digital Assets’ report said that multiple Ethereum onchain metrics suggest ETH trades at a discount.The BTC/ETH market cap ratio is at mid-2020 levels. Ethereum's layer-2 active addresses hit new highs at 13.6 million. Fresh data from Fidelity Digital Assets hints at a cautiously optimistic outlook for Ethereum, suggesting its dismal Q1 performance could be an opportunity. According to their https://www.fidelitydigitalassets.com/research-and-insights/q1-2025-signals-report

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