Ethereum Struggles Amid Market Volatility
- Ethereum is trading between $2.75K and $2.4K since May 10.
- The annualized premium for Ethereum futures is at 6% despite a recent 9% price decline.
- The total value locked (TVL) in the crypto industry is $122B, with Ethereum holding a 54.2% market share.
- Top four dApps on Solana collected $356.3M in user fees, while Ethereum’s top four collected $169M.
Ethereum’s market dynamics show resilience with a significant TVL share and futures premium, despite price fluctuations and reduced dApp interest.
Source (2.6)https://www.newsbtc.com/news/best-crypto-to-buy-now-as-ethereums-momentum-builds-with-strong-futures-and-network-growth/?rand=52377
