ETH rises 1.55% in one hour: On-chain transaction volume surges and Layer 2 scaling resonance drive short-term rebound

From 22:00 to 23:00 (UTC) on April 13, 2026, ETH recorded a +1.55% gain in a short period of time, with a price range of 2259.94–2304.41 USDT and an amplitude of 1.97%. Market attention increased significantly, volatility intensified, and on-chain and market structures showed synchronized changes.

The main driving forces behind this fluctuation are the continuous surge in on-chain trading volume and net capital inflows. The number of daily on-chain transactions on the Ethereum network exceeded 3.618M, up 26.29% month over month. Active addresses and new users increased substantially, with cross-chain bridge inflows into Layer2 and DeFi protocols becoming the primary push. In addition, the average Gas fee on the mainnet fell to a historical low of 0.15 dollars, further promoting high-frequency interactions and large entries. After Layer2 scaling solutions batch-pack processed transactions to reduce mainnet congestion, ETH spot demand was continuously amplified, forming a positive price driver.

At the same time, increased activity and stability in the DeFi ecosystem, along with growth in stablecoin contract trading volume, brought more capital arbitrage and position-building behavior. Institutions and large holders frequently made large on-chain transfers; whale holdings quickly replenished, further amplifying the price anomaly. With enhanced liquidity between the mainnet and Layer2 and resonance among multiple market participants, ETH was driven to achieve a short-term breakout at key support levels. In addition, technical structure improved; although the 3-day K line RSI showed divergence, strong support remained, helping keep bullish sentiment going.

What needs to be watched out for is that extremely high on-chain trading volume may induce network congestion and short-term Gas fee fluctuations. If whales or institutions with large holdings engage in concentrated sell-offs, or if technical divergences are not promptly repaired, the risk of price volatility could intensify at any time. Going forward, it is important to focus on key indicators such as the $2,200 support level, on-chain capital flow direction, and Layer2 interaction data. Users are advised to closely monitor market dynamics, guard against sudden short-term fluctuations, and continuously track core on-chain and technical indicators.