Ether.fi Monthly Transaction Volume Surpasses $100 Million Amid Token Price Decline

Ether.fi has seen its monthly transaction volume exceed $100 million, marking an 85% increase since January. Despite this growth, the ETHFI token has fallen 21% year-to-date. The platform is currently considering a buyback proposal, with voting scheduled to conclude on September 3. Ether.fi aims to integrate staking, liquidity, and cash management into a single self-custodial account, with Cash revenue now accounting for 46% of total income.