The#Ethereumecosystem is holding the leading position in trading volume on decentralized exchanges (DEX). The trading volume on Ethereum DEXs is twice that of the Solana ecosystem, its closest competitor.
One of Ethereum's largest DEXs#Uniswaphas recorded an impressive 124% trading volume growth over the past week. This shows the excitement of trading activities on the Ethereum ecosystem.
Besides, $ETH is also becoming rarer. Over the past 30 days, the circulating supply of ETH has decreased by 1.57%. This could increase the value of ETH due to the tight supply!$ETH