Ethereum Faces Its Worst First Quarter in History: Is There Hope for Recovery?
The Ethereum (ETH) cryptocurrency has suffered weak performance throughout the first quarter of 2025, with its value declining by more than 6% in March alone, making this quarter one of the worst periods in the history of the digital currency since its inception.
Performance Decline:
According to data from “CryptoRank,” Ethereum has recorded consecutive losses, decreasing by 1.28% in January, then by 32.2% in February, followed by an additional loss of 6.27% in March.
Although Ethereum has experienced negative quarters in the past, such as the third quarter of 2018 and the second quarter of 2022, the start of this year may be the worst ever.
In addition to the price drop, Ethereum's burning activity has also fallen to its lowest levels ever, with only 50.03 ETH burned on March 23, indicating a decline in activity on the network.
However, despite these challenges, there are signs of investor optimism, as data from “Santiment” shows that the amount of Ethereum held on exchanges is below 9 million ETH, the lowest level in a decade.
This trend suggests that investors are choosing to hold onto their coins rather than sell them, which may reduce selling pressure and support price recovery.
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