Ethereum Experiences Significant Net Outflow in 2024

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Ethereum's substantial net outflow in 2024 suggests a shift in investor sentiment, potentially indicating a decline in the network's dominance and a rise in alternative blockchain platforms.

According to Foresight News, data from Artemis Terminal reveals that the Ethereum network has experienced a total outflow of $43.8 billion in 2024. The net outflow stands at $7.4 billion, making it the blockchain with the highest net outflow among the top 20 blockchains. In contrast, Base has recorded a net inflow of $3.8 billion, the highest among the top 20 blockchains.

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Ethereum Experiences Significant Net Outflow in 2024

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