Ethereum is referred to as the best dex chain in the midst of Solana’s market decline

- In March, Ethereum Dexes led $ 64.62 billion in March and exceeded Solana’s $ 52.62 billion.
- UNISWAP directed Ethereum’s dex fluctuation with a volume of $ 30 billion.
Ethereum has first crossed Solana since September and regained its position as the largest decentralized Chain of Change (Dex). Shift, in March, especially in the Memecoin industry, such as Raydium and Pump.fun, such as solana -based platforms led to a decrease in activity.
Ethereum -based Dexes, Solana’nın 52.62 billion dollars by defeating 22%of the transaction volume of $ 64.62 billion. in accordance with To the fashion show. This pushes Solana to the second place by pointing to the return of Ethereum to the summit.
Raydium, the leading Dex of Solana, fought during March. It did not exceed $ 1 billion in the daily transaction volume, which was a sharp decrease in the $ 13 billion summit on 18 January. In addition, the daily volume is less than $ 100 million in the middle of January.
The increase in Solana’s Dex event coincided with the launch of Donald Trump’s Trump token. Ethereum’s domination was directed by UNISWAP, which was recorded by over 30 billion dollars in the transaction volume. The liquid followed with $ 9 billion and took a remote second place.
Ethereum in today’s market (ETH)
Ethereum is currently trading with a market value of 225.52 billion dollars and a 24 -hour trading volume with $ 15 billion. The market value rate is 6.67%. showing solid trade activity. ETH’s price movement shows the basic support of $ 1,820, while the resistance is around $ 1,900. A fracture prices above this level can push for $ 1,950, while a decrease below support can see an ETH test of $ 1,780.
The relative power index (RSI) is 51.78, which proposes neither an excessive purchase nor an impartial market with over -selling conditions. The RSI average remained at 33.56, which showed the decline pressure before, but began to heal. Chaicin Money Flow (CMF) is positive at 0.06 and indicates a slightly purchasing pressure and potential accumulation.
Moving averages indicate potential changes. If the 14 -day RSI is moving average, and if a possible tendency is reversed, acceleration strengthens. If the moving averages constitute a rise, it can support the upward movement.
However, ETH is sensitive to macroeconomic factors and market feelings. Ethereum’s return to the best Dex position strengthens its long -term appearance, but the short -term price action depends on the maintenance of breaking resistance and higher trade volumes.