๐ Big moves: Ethereum has just risen 13.7% in just 7 days to ,783, while DeFi TVL on Ethereum has been holding steady and just hit the 0 billion mark โ accounting for 53.6% of the entire DeFi industry.
๐ ETH price: ,783 (-0.41% 24h)
๐ 7-day change: +13.69% | 30-day: +9.35%
๐ฐ 24h Volume: 0.5 billion
๐ฆ Market Cap: 15.2 billion (rank
#2 globally)
๐ DeFi TVL on Ethereum: 9.9 billion โ 53.6% of total TVL across the whole DeFi sector
โก Circulating supply: 120.68 million ETH
๐ฏ ATH: ,946 โ currently 63.9% below
Whatโs notable: ETH just saw its strongest weekly gain of the month, up +13.69%, bouncing from the ,560 range to nearly ,820. This rally happened as DeFi TVL on Ethereum reached the 0 billion mark for the first time in months, suggesting that capital is genuinely flowing back into the ecosystem rather than just โpumpingโ the price.
Looking further ahead: Ethereum currently controls 53.6% of total DeFi TVL โ 8 times more than Solana, which is in second place (.1 billion). Base (Ethereumโs L2) also recorded TVL of .46 billion, showing that the Ethereum ecosystem is expanding across both L1 and L2. Vitalik Buterin has just confirmed that AI detected the anonymous contribution he made to an Ethereum proposalโindicating the dev community is still active and improving transparency.
Why pay attention? ETH is trading 63.9% below its ATH, but 24h volume is still holding at 0.5 billionโliquidity is very strong. With DeFi TVL recovering back to 0 billion and Layer 2 platforms like Base surging, demand for using ETH for gas fees and security is starting to rise again. If this trend continues, ETH could test the ,900โ2,000 range next week.
Do you think ETH will break out above ,800 and move toward ,000 this week?
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