Altcoin King Ethereum The transaction volume in the -based decentralized stock exchanges (Dex) has declined significantly in recent months. The monthly volume, which reached $ 112 billion at the summit in December 2024, fell to $ 57 billion as of March. In the same period, the number of daily active wallets decreased from 95 thousand to 40 thousand and decreased to the lowest level of the last year. This table shows that the interest of the Ethereum ecosystem has decreased and users are turning to more cost -effective solutions.
Altcoin Uniswap ahead, sushiswap remained away
In the Dex ecosystem on Ethereum Uniswap He continues to lead by far. Although there are serious decreases in the number of daily users, Uniswap is still more preferred than other dexs. Sushiswap such as competitors, only about 2 thousand active wallets are limited to the address.
The contraction in DEXs reflects the use of users away from speculative positions and starts to move more cautiously. The decrease in the transaction volume of DEXs may also be a pointer that market participants are turning to transactions with smaller amounts. Nevertheless, DEXs continue to support the market by constituting approximately 13 percent of the total spot market volume. This rate represents a development that tends to rise in the long term.
Layer – 2 and interest in alternative networks is increasing
In addition, the decline in Ethereum -based Dex means that investors have completely abandoned the idea of unqualified trading. On the contrary, the orientation of alternative solutions that offer a cost advantage attracts attention. Especially Base As Layer – 2 solutions obtain significant trading volumes, Solana The network stands out as a strong alternative trade environment.
In addition to this Bebop And Cowswap DEX collectors such as the processing routes are released by reducing the shift and the user experience improves with improvements. The current table shows that efforts to close the difference between decentralized and central exchanges continues. Although central exchanges are still leading in terms of liquidity, processing and cost, innovations on the DEXs continue unabated.
Investors in the crypto currency world are now interested in not only the most well -known networks, but also with alternative and more cost -effective solutions. The decline in the Ethereum network is considered one of the most visible indicators of this transition.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
