Summary
- Ethereum (ETH)'s Total Value Locked (TVL) share has dropped to 50.88%, marking the lowest level since 2022.
- This suggests to investors that Ethereum's market dominance is weakening.
- However, ETH is trading at $2498.20, down 0.91%.
According to the virtual asset (cryptocurrency) analysis platform Unfolded on the 20th (local time), Ethereum (ETH)'s Total Value Locked (TVL) market share has fallen to 50.88%, marking the lowest level since 2022.
Meanwhile, ETH is trading at $2498.20 on the Binance Tether (USDT) market as of 4:53 on the 21st, down 0.91% from the previous day.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
