Ethereum Poised for DApp Recovery Despite Weak On-Chain Activity

[cryptobro]

Although Ethereum network activity has slowed—with decentralized exchange volumes down to $12.6 billion and DApp revenues falling 47% month-over-month—the blockchain remains dominant in total value locked (TVL), accounting for nearly 65% of the market including layer-2 solutions.

Institutional investors continue to favor Ethereum’s decentralization and ecosystem strength over faster, cheaper competitors like Solana. Analysts suggest that if DApp demand picks up and ETH reclaims the $2,400 level, the network could see renewed bullish momentum, despite current derivatives market caution and macroeconomic headwinds.

[tradelikepro]

network activity slows, volumes drop, yet somehow the blockchain still feels like the boss