Ethereum News: ETH Slips to $2,425 Despite 72M Smart Contracts as Pepeto Tops $11.2M

Ethereum news this week has a strange twist: the network keeps growing while the price slips. Builders have launched over 72 million smart contracts, up from 60 million in January, Webopedia reports. Yet ETH trades at $2,425, down 3.33% over the past day on CoinMarketCap, and 51% below its record.

In crypto, use can rise first while the price catches up later. That gap is where an early buyer starts to look, and one place it points is Pepeto. It is a meme token presale with its own 0% fee exchange, and it has raised over $11.2 million.

Ethereum News: Smart Contracts Top 72 Million as Fees Fall 27.7%

By October, users had put over 72 million smart contracts on Ethereum, per CryptoQuant data cited by Benzinga on October 13. That is about 20% more than in January. Smart contracts are the code behind tokens, apps and swaps.

Network fees also fell 27.7% in the week of October 3 to 9, from 2,275 ETH to 1,644 ETH, Webopedia reports. Daily active addresses sit near 337,600, below their usual range. So builders keep coming while traders stay quiet. Cheaper fees help, yet every swap on the big trading sites still pays a cut.

Beyond This Ethereum News: A Zero Fee Exchange and Where ETH Goes Next

Pepeto: Network Fees Fell, Swap Fees Did Not, and PepetoSwap Charges 0%

The Ethereum news made the network cheaper to use, with fees down 27.7% in a week. The swap fee did not move, though. Each Uniswap trade still loses 0.30% before gas. Moods in crypto flip fast, too. ETH falls for a week, then a different coin rallies, and every switch is a trade that pays that cut.

Pepeto removes that cut. It sells a meme token before listing, and its own exchange, PepetoSwap, already runs. So the token sits behind a tool people use in any market, up or down.

PepetoSwap charges 0.00% per swap. There is no protocol fee, so you pay only network gas. A $100,000 trade costs $300 on Uniswap and $250 on PancakeSwap. On PepetoSwap, it costs $0. So how can a swap cost nothing? The people who back the trading pools are paid from Pepeto’s staking rewards, not from trading fees. Trade often and the gap grows.

Two hundred trades of $5,000 cost $3,000 on Uniswap, while PepetoSwap charges nothing but gas. You can place market, limit or DCA orders, and a private relay hides your trades from bots by default. The exchange never holds your coins, and it works with MetaMask, Trust Wallet, Coinbase Wallet and Rabby. With 72 million contracts out there, a safety scan also runs before every trade.

If Ethereum keeps adding users, the need for cheap trades grows with it. Pepeto sells at $0.0000001901 right now, and the Binance listing is getting closer. Each stage lifts the price. The current stage is the lowest presale price left.

Can ETH Win Back $2,575 and Head for $3,000?

ETH must first clear $2,575 before a path to $3,000 opens, per an October 12 Admirals analysis. The coin sits near $2,425 today, inside its support zone of $2,406 to $2,438. Below that, the 200 day average near $2,315 to $2,355 is the next floor. A Tradingpedia update from October 14 puts the RSI near 44 and marks $2,770 as the line for a firmer recovery.

This week, the $2,400 floor matters most. For October, Admirals sees a base range of $2,400 to $2,750. Daily closes above $2,820 would open $3,000 to $3,075. That is a 26% gain from here, a fair move for a $297 billion coin.

Conclusion

This Ethereum news brought more building and cheaper fees, yet ETH still slipped. Big coins wait on the crowd, while the biggest gains in crypto have come from buying early. Timing has changed lives before.

Pepe launched in April 2023 and reached $0.00002825 by December 2024, per CoinMarketCap, and its first buyers caught the whole run. Pepeto sits at that early point now. It has Pepe’s cofounder, over $11.2 million raised and a live exchange. Buying at stage price puts you in before the listing, not after it. The Pepeto official website raises the price at each stage, and you pay the gap if you wait.

Click To Visit Pepeto official Website To Enter The Presale

FAQs

What Does the Ethereum News Today Mean for Investors?

This Ethereum news means builders keep coming while the price lags, with 72 million contracts and ETH at $2,431.96. Pepeto offers an earlier entry with a 0% fee exchange.

Why Does a 0% Swap Fee Matter After This Ethereum News?

Ethereum fees fell 27.7%, but swap fees stayed. PepetoSwap charges 0%, and presale stages on the Pepeto official website rise in price each round.