[Data: Ethereum Transaction Volume Surpasses 3.61 Million on April 12, Setting a New All-Time High] According to a report by Jinse Finance on April 20, data disclosed by CryptoOnchain shows that Ethereum transaction volume reached a historic high, surpassing 3.61 million transactions on April 12. While transaction volume surged, the token price retraced from $4,700 to the $2,000–$2,400 range. The price trend and network usage data show a clear divergence, which serves as a strong fundamental signal. Retail speculative enthusiasm has cooled, but actual blockchain usage (Layer 2 networks & smart contracts) has skyrocketed. Historically, when fundamental growth significantly outpaces price performance, it often indicates that the current phase is an excellent undervalued accumulation opportunity.