ETH Struggles Above $2,450, DApp Activity Drops 17%, Concerns for Layer-2 Ecosystem. Will $2,250 Support Hold? 🤔

🔹 Ethereum remains the leader in activity and development, but high transaction fees ($1.70) and low staking yields (3.3%) compared to US T-bills (4.6%) reduce investment appeal. 🔹 Only 28.5% of ETH is staked, compared to Solana (65.8%), Avalanche (56.9%), and Cardano (62.7%). 🔹 Ethereum’s TVL remains the leader at $44.15B, 10x that of BNB Chain or Solana.

🔸 Ethereum’s DApp activity is down 19% for the week, while Solana and BNB Chain are up 24% and 23%, respectively.

🔸 Top DEXs like Uniswap saw an 18% drop in volume, while BNB Chain's Venus Protocol saw a 236% increase. 🔸 Ethereum's L2 solutions also saw a drop in activity, but TVL remained stable at 14.6 million ETH.

📈 Despite signs of increased ETH deposits on exchanges, there were no clear signs of investors leaving the network.

What do you think about the future of ETH? Comment below! 👇