Ethereum Loses Ground to Faster Rivals, Market Share Hits 2-Year Low

Quick Summary:

Ethereum’s market share has decreased in recent months, with TradingView’s data showing that the leading altcoin’s market dominance has fallen to 14.24% at the time of writing, its lowest point since June 2022.

Reports also show that Ethereum’s share of trading volume on decentralized exchanges dropped from 42% in 2022 to 29% this year.

Analysts […]

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Article Details

Author / Journalist: Ikemefula Aruogu

Category: Crypto

Markets: India

Topics: Market Sui (SUI) News Ethereum Market News Solana

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-12 @ 10:17:50 (11 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 140 words

Reading Time: 1 minutes read

Sentences: 48 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 22469082

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 8 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

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News Language: English

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Publisher ID: #124

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