From Cointelegraph

May 30, 2025 7:15 pm:

Ether (ETH) struggles to break $2,700, outperforming market by 17% despite DApp decline. TVL at $122 billion, 43% below peak. Ethereum holds 54.2% TVL market share, layer-2 solutions gain 6.3%. Critics say Ethereum unprepared for memecoin frenzy in Q1 2025. Solana DApps generate $356.3M in fees, but SOL price remains uncertain.

Top four Solana DApps generate $356.3M in fees, compared to Ethereum’s $169M. Ethereum’s layer-2 scaling solutions may benefit investors more than Solana. Despite 9% price drop in Ether, futures market remains stable with 6% premium. Ethereum’s lack of competitive advantages frustrates investors, but layer-2 ecosystem processing more transactions.

Investor sentiment tied to global trends, potential for ETH to drop below $2,400. Ethereum’s TVL and transaction scalability help mitigate downside risk. This news is not investment advice, views expressed are the author’s own.

Read more at Cointelegraph: Ethereum network growth, bullish ETH futures support $2.4K