The total value of locked cryptocurrencies (TVL) in decentralized funding protocols (DEFI) lost all of his earnings since Donald Trump was elected President in November 2024.
After the US elections, DEFI TVL reached $ 138 billion on December 17, but retracted at $ 92.6 billion on March 10, as analyst Miles Deutscher noted.
Solana brought the weight of criticism when her fading popularity fades, but Ethereum has faced her own challenges in recent cycles, Ether (ETH) not having reached a new summit of all time despite Bitcoin (BTC) which reached $ 109,000 on January 20, the day Trump took office. Ethereum TVL has also dropped $ 30.6 billion from the summit in the cycle, show the DEFILMA data.
Source: Miles Deutscher
The Ether record price of $ 4,787 from November 2021 remains uninterrupted despite the positive developments in the industry, such as the launch of granted funds (ETF) in the United States and the executive order of Trump for a Bitcoin strategic reserve.
In relation: Bitcoin Weekly risk at closing below $ 82,000 in the United States BTC reserve disappointment
Eardem $ 1.8 billion from Ethereum Everbout Echange
Nearly 800,000 ETH, worth around 1.8 billion dollars, left discussions during the week from March 3, which led to the highest of seven -day net outings recorded since December 2022, according to Intotheblock Data.
Outings are unusual given the drop in prices of 10% Ether during the period, reaching a hollow of $ 2,007, by Coingecko. As a rule, exchange entries indicate the sale pressure, while outputs suggest long -term outfit or movement in decentralized financing applications (DEFI), such as staggered or agriculture.
“Despite continuous pessimism around the prices of ether, this trend suggests that many holders see current levels as a strategic purchase opportunity,” said Intotheblock in a March 10 position.
Before March 3, Ethereum experienced net exchange inputs daily, indicating that investors were sold during the slowdown, said Juan Pellicer, main research analyst at Intotheblock, in the comments at Cointelegraph. He noted that the drop in ETH to $ 2,100 can have triggered an accumulation, which then led investors to withdraw from stock market funds.
The upgrading of Pectra meets its own road bumps
The roadmap centered on the Ethereum Rollup has reduced congestion and gas costs but introduced liquidity fragmentation.
The next Pectra upgrade aims to solve this problem by improving the efficiency and interoperability of the layer-2. By doubling the number of blobs, it reduces transaction costs and helps consolidate liquidity. In addition, the abstraction of the accounts allows intelligent contract portfolios to operate more transparent between Ethereum and Layer-2 networks, simplifying the puncture and management of funds.
The deployment of the Pectra upgrade met with losses on March 5 when it was launched on the Sepolia testnet. Ethereum developer, Marius van der Wijden, reported errors on Geth nodes and empty blocks extracted due to a deposit contract triggering an incorrect type of event. A fix has been deployed.
Review: Pectra Hord Frow explained-Will he recover Ethereum on the right track?
