Bitget App
Trade smarter
MarketsTradeFuturesEarnSquareMore
Ethereum News Today: Ethereum’s Layer-2 Migration: Enhancing Scalability, Diminishing Worth?

Ethereum News Today: Ethereum’s Layer-2 Migration: Enhancing Scalability, Diminishing Worth?

Bitget-RWA2025/11/17 22:14
By:Bitget-RWA

- Ethereum (ETH) fell to a four-month low below $3,000, marking its largest single-day drop since November 2025. - Network fundamentals weakened, with Total Value Locked (TVL) dropping 13% to $74 billion and DEX trading volume declining 27% monthly. - Growing migration to layer-2 solutions like Arbitrum and Polygon reduced base-layer fee demand, fragmenting Ethereum's economic model. - Analysts highlight Ethereum's leadership in RWA tokenization but note macroeconomic factors, including U.S. debt dynamics,

Ethereum (ETH) dropped to its lowest point in four months, slipping under $3,000 this week and sparking concerns about the overall strength of the ongoing crypto bull market. By 5 p.m. ET, the cryptocurrency had fallen 3.46% to $3,417.77,

. This downturn intensified a persistent decline over several weeks, with registering an 11.44% loss so far this month and trading 31% below its record intraday peak of $4,955.23 set in August 2025.

This price slump has coincided with weakening fundamentals on the

blockchain. , representing a 13% decrease compared to the previous month. Activity on Ethereum-based decentralized exchanges (DEXes) has also slowed, with trading volumes dropping to $17.4 billion over the past week—a 27% decline from last month. Although Ethereum still leads in TVL, it is facing mounting competition in trading activity from platforms such as and Chain.

Shifting user preferences underscore a larger movement toward Ethereum’s layer-2 scaling networks.

, collectively handling more than 100 million transactions just in the last week. However, this shift has led to lower demand for fees on Ethereum’s main chain, making it harder for ETH to maintain upward price momentum. Some critics point out that while layer-2s boost scalability, they also disrupt the network’s unified economic structure.

Even with the recent downturn, certain analysts believe a recovery could be on the horizon.

in areas like real-world asset (RWA) tokenization and decentralized stablecoin infrastructure, with projects such as Sky (previously MakerDAO) playing vital roles. The future trajectory of ETH will largely depend on global macroeconomic trends, especially the U.S. government’s debt situation. Should central banks inject more liquidity to stabilize economies during periods of political instability, Ethereum may have the opportunity to revisit the $3,900 mark.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

South Korea's Approach to Crypto Regulation Could Become a Model for Global Stability and Innovation

- South Korea's Digital Asset Basic Act (2025) establishes a unified regulatory framework for crypto assets, targeting stablecoins and cross-border transactions. - Stablecoin issuers face licensing, reserve requirements, and FSC oversight, while foreign VASPs must register and report transactions to combat forex crimes. - The reforms aim to balance innovation with financial stability, potentially attracting investment but increasing compliance costs for firms and scrutiny for investors. - As Asia's major c

Bitget-RWA2025/11/18 07:06
South Korea's Approach to Crypto Regulation Could Become a Model for Global Stability and Innovation

Ethereum News Update: Ethereum Whale Makes $1.33B Leveraged Move—Sign of Confidence or Risky Overextension?

- Ethereum whale "66kETHBorrow" injected $1.33B into ETH via leveraged Aave borrowing, stabilizing prices near $3,500. - Whale's 385k ETH holdings and $270M Aave-funded purchases signal institutional confidence despite market volatility. - Analysts note leveraged accumulation often precedes recoveries, though risks include amplified losses if prices correct further. - Market remains divided as whale's strategy contrasts with $183M Ethereum ETF outflows and key support/resistance levels.

Bitget-RWA2025/11/18 07:06

Algorand (ALGO) Falls 54.47% Over the Past Year as Company Developments and Market Challenges Persist

- Algorand (ALGO) fell 54.47% in one year due to macro pressures and lack of product milestones. - Biopharma firms Aligos and Allogene announced stock incentives/insider transactions unrelated to crypto. - Prolonged crypto bear market and weak adoption left ALGO vulnerable to sector-wide declines. - Investors await Algorand Foundation updates amid ongoing volatility and uncertain valuation metrics.

Bitget-RWA2025/11/18 07:04
Algorand (ALGO) Falls 54.47% Over the Past Year as Company Developments and Market Challenges Persist

Lloyds Completes Curve Purchase Amid Shareholder Disputes Over Valuation

- Lloyds acquires Curve for £120M amid shareholder backlash over undervaluation and governance concerns. - IDC Ventures, Curve's largest investor, rejects the deal via legal action, disputing transparency and valuation. - Lloyds aims to integrate Curve's payment tech to compete with Apple/Google Pay amid EU regulatory shifts. - The acquisition reflects fintech consolidation as banks exploit lower valuations to fast-track digital infrastructure. - Legal challenges and governance disputes could delay the dea

Bitget-RWA2025/11/18 06:48
Lloyds Completes Curve Purchase Amid Shareholder Disputes Over Valuation