Ethereum News Today: Ethereum’s Layer-2 Migration: Enhancing Scalability, Diminishing Worth?
- 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 price slump has coincided with weakening fundamentals on the
Shifting user preferences underscore a larger movement toward Ethereum’s layer-2 scaling networks.
Even with the recent downturn, certain analysts believe a recovery could be on the horizon.
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.
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