Ethereum (ETH)

Ethereum (ETH) trades at $1,987.62, down 7.5% over the last seven days—a sharper decline than Bitcoin’s 6.4% drop at #1, reflecting heightened DeFi jitters and a smart-contract token sell-off. This weekly loss is also 40% steeper than the average top-10 cryptocurrency decline of 5.3%, indicating Ethereum’s vulnerability to sector-specific pressures. Total value locked on Ethereum has fallen to $42 billion, a 15% reduction from last month’s $49.4 billion, as traders shift funds to stablecoins. Despite these headwinds, ETH still commands a $238 billion market cap, making it the second-largest asset, though its velocity of just 1.2 daily trades per wallet suggests reduced network activity compared to Bitcoin’s 2.8.