🚀#EthereumUpdate: Can ETH return to the $4,000 mark? 📈
- ETH once surpassed $4,000 on March 14, but is currently facing difficulties.
- US Ether ETF's launch fell short of expectations, with $406 million withdrawn from Grayscale.
- Ethereum's TVL stands still at 17.8 million ETH, high gas fees promote layer-2 but layer-2's TVL does not increase.
- Attention from institutional investors is an important factor for ETH to increase in price.
- Solana surpasses Ethereum in DEX transaction volume, accounting for 29.6% market share.
- Improvements such as sharding and Verkle trees are needed to increase scalability and security.
What do you think? Can ETH return to its peak? 💬👇#Crypto#Blockchain#Finance#Tech #BTC