Ethereum has reclaimed the top position in trading volume for decentralized exchanges. In March, Ethereum-based DEXs managed $64 billion in trades. However, overall market activity has slowed.
- Ethereum's trading volume is down from $86 billion in January to $85 billion in March.
- The total locked value dropped from $67 billion to $49 billion.
- Ethereum earned $21 million in fees in March, down from $142 million.
- Analysts predict Ethereum may fall to $4,000 by the year's end.
| Metrics | January | March |
|---|---|---|
| Trading Volume | $86 billion | $85 billion |
| Transaction Fees | $142 million | $21 million |
| ETH Burn Rate | N/A | 53 ETH/day |
