According to IntoTheBlock, the total amount of ETH fees decreased by 50% this week as on-chain activity continued to slow down. This reduction in fees highlights a decrease in network congestion, which can impact trading strategies by lowering transaction costs and potentially affecting liquidity. Traders might consider this a signal of reduced volatility in the short term, as lower on-chain activity often translates to less price movement.

According to Milk Road Daily, the upcoming interview with Raj Gokal, co-founder of Solana, presents an opportunity to delve into Solana's strategic direction, scalability solutions, and future developments. Key questions could focus on Solana's response to network congestion issues, plans for enhancing transaction speed and cost efficiency, and the ecosystem's growth strategies amidst increasing competition.

According to Glassnode, the latest Week On-Chain report reveals that Bitcoin's on-chain activity has seen a significant increase, with a notable rise in transaction volumes. This uptick is attributed to renewed investor interest and heightened market activity (source: Glassnode). Furthermore, Ethereum's network congestion has decreased, leading to lower transaction fees, which could attract more traders to the platform (source: Glassnode). These insights suggest a potential bullish trend in the cryptocurrency markets, making it a crucial time for traders to monitor market movements closely.