Ethereum maintained its dominance in network activity throughout April, with transaction counts reaching a 12-month high of 3.6 million on April 28. The Ethereum network's robust performance was reflected in its fees, which surpassed those of its competitors, according to Artemis analysis. Despite a challenging market environment, Ethereum's resilience was evident as it closed April with a 7% price increase, marking its second consecutive month of gains. Investor sentiment towards Ethereum remained cautiously optimistic, as indicated by the taker buy-sell ratio and open interest data. While demand cooled in the last week of April due to profit-taking and macroeconomic concerns, Ethereum's price held above $2,200. Meanwhile, Ethereum ETFs experienced $160 million in outflows over three days, aligning with profit-taking trends. Despite these fluctuations, Ethereum's strong network activity supports a positive long-term outlook.