DeFiBearishBlockonomi · 3h ago7/10
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ETH Under Pressure as Falling DEX Volume and DApp Revenue Signal Ecosystem Slowdown
Ethereum faces significant ecosystem headwinds as decentralized exchange volume has collapsed 53% over six months and DApp revenue declined nearly 49%, while competitors like Solana and Hyperliquid capture approximately 42% of total DApp revenue. ETH's price struggles below $2,400 resistance with weak bullish momentum, underperforming the broader market with a 21% yearly decline.
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