News

```htmlJinse Finance reported on April 20 that, according to disclosures from CryptoOnchain, the number of Ethereum transactions reached a record high, surpassing 3.61 million on April 12. While transaction volume surged, the coin price pulled back from $4,700 to the $2,000–2,400 range. There is a significant divergence between the price trend and network usage data, which is a strong fundamental signal. Retail speculative enthusiasm has cooled, but actual blockchain usage (Layer 2 network smart contracts) has soared sharply. Historically, when fundamental growth far outpaces price performance, it often indicates that the market is in a prime undervalued accumulation phase.```

Golden Ten Data, April 20 – On Friday local time, US Treasury Secretary Janet Yellen met with Canadian Finance Minister Chrystia Freeland to discuss ongoing economic cooperation between the US and Canada. The two sides discussed the conflict with Iran, energy markets, and how to further deepen collaboration in critical mineral cooperation. Yellen also encouraged Canada to continue assisting the Trump administration in addressing illegal financing related to drug trafficking.

French Finance Minister Roland Lescure has called for an increase in euro-denominated stablecoins and urged EU banks to explore tokenized deposits. He supports the Qivalis alliance, formed by 12 European banks, which plans to launch a euro-pegged stablecoin in the second half of 2026 to counter the dominance of the United States.