HOW #ETHEREUM ($ETH )IS DOING IN FIRST QUARTER OF 2025

#Ethereum experienced a challenging first quarter in 2025, marked by significant price volatility and shifts in its decentralized finance (DeFi) ecosystem.

Market Performance:

• Price Decline:#Ethereum price dropped by approximately 45.41% during Q1 2025, closing the quarter around $1,800.

• Current Price: As of April 17, 2025,#Ethereum is trading at approximately $1,639.91, with a market capitalization of $197.88 billion.

Ecosystem Activity:

• DApp Revenue: Despite the price downturn,#Ethereum decentralized applications (DApps) generated over $1.021 billion in fees during Q1 2025, leading the sector and surpassing competitors like $Base and $BNB chain

• DeFi Total Value Locked (TVL): Ethereum DeFi TVL stood at $46 billion, accounting for 51% of the total DeFi market, indicating its continued dominance in the space.