Ethereum led Dex's negotiation volume in March despite the fall in prices

ethereum recovered first place in the decentralized exchange negotiation volume in March for the first time since September 2024.

ethereum headquarters managed $ 64 billion in spot negotiation volume, compared to the $ 52 billion solana and the $ 44 billion BSC, according to defillama data. The general market activity has slowed down this milestone. The DEX negotiation volume has fallen from $ 86 billion in January to $ 85 billion in March, while the total blocking valued from $ 67 billion to $ 49 billion during the same period.

The generation of network rates has also fallen abruptly. In January, ethereum (eth) won $ 142 million in transaction rates, but that figure collapsed only $ 21 million in March. The network burns rate, which tracks the amount of eth eliminated from the circulation, reached its lowest level since August 2021.

According data For ultrasound money, only 53 eth burned last day, and the total supply of ethereum has grown 3% since the EIP-1559 update, which increases concerns about the accumulation of long-term value of the asset.

The price of ethereum has fought as a result, ending the first 2025 quarter of 45%, according to the dinner data. This has contributed to the market value of $ 170 billion to be eliminated in what was the third quarter of the network since 2016.

Given the dynamics of the current network, institutional investors have been cautious. Soda <a target="_blank" href="https://m.sosovalue.com/assets/etf/us-eth-spot” target=”_blank” rel=”nofollow”>data It shows that the funds negotiated in ethereum Exchange lost $ 403 million in March, with only one day of tickets. In addition, Standard Chartered analysts have reduced their eth price objective at the end of the year from $ 10,000 to $ 4,000, citing a strong competition of ethereum layer 2 solutions, which have attracted users by offering lower rates.

Even so, ethereum's long -term potential should not be overlooked. It remains the leader in promising sectors, such as the token of real world assets, which is projected to become an industry of $ 16 billion by 2030.

ethereum controls 54% of the tokenization market, according to Rwa.xyz datawith $ 5 billion in tokenized assets on the network. As traditional finances continue to move in the chain, the network can see a renewal of interest.

Larry Fink, the Blackrock CEO, has emphasized the tokenization potential, predicting that all assets will eventually be represented in the chain. ethereum's supply can once again become deflation and generate value over time if you can continue playing in this change.

ethereum could also benefit from the ETF of ethereum enabled for bets. Both the New York Stock Exchange and the exchange of options of the Chicago Board have presented the ETFs of ethereum to the stock exchange and values.

Bet on ETF could increase demand and block a significant amount of eth. This, together with institutional adoption, could give ethereum a very necessary impulse.