#以太坊的未来 from 'Second-in-Command' to 'Chaser' Crisis

As of April 25, 2025, ETH is around $1,770, with a circulating market value of approximately $37.87 billion, plummeting 51.7% from the high of $3,668 reached on January 14, nearly erasing all gains since October 2023.

In comparison, Bitcoin’s market value is $1.98 trillion, while Solana’s is $10.43 billion, and ETH's market share has shrunk from 17.4% in 2022 to less than 10%, often ranking third between mid-February and the end of March.

If calculated based on the average price in the second quarter, ETH has declined from $2,150 in February to $1,890 in March, a central decline of nearly 12%.