•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Ethereum, the second-largest cryptocurrency by market cap, has seen its dominance in decentralized finance (DeFi) fall to around 54%, down from 63.5% earlier this year, as competing blockchains capture a larger share of the crypto ecosystem.
DeFiLlama data shows Ethereum’s share of total DeFi total value locked (TVL) declined from 63.5% at the start of 2025 to roughly 54% this month, marking one of the network’s weakest dominance levels in years.
DeFiLlama currently values Ethereum’s total TVL at approximately $45.4 billion, which remains far ahead of most competing blockchains.
Current DeFi TVL market share is as follows:
The shift indicates DeFi is moving from a largely Ethereum-centered ecosystem toward a multi-chain market, where different networks increasingly focus on specific sectors such as stablecoins, perpetual trading, Bitcoin collateral, or consumer applications.
Crypto analyst Ali Martinez highlighted a separate development involving Ethereum “whales.” Martinez said wallets holding between 1,000 and 10,000 ETH have reduced their holdings since October 2025.
According to Martinez, this whale cohort previously accumulated aggressively during 2025, increasing holdings from approximately 12.95 million ETH in April 2025 to 15.95 million ETH by October 2025. However, their combined holdings have since fallen to roughly 12.52 million ETH, a decline of approximately 21.5%.
Martinez said this supply reduction suggests Ethereum may need stronger institutional and retail demand to sustain another major rally toward the $3,000 level.
Even as Ethereum’s dominance declines, the article notes ETH price has recovered. A falling dominance figure does not necessarily imply the network is weaker; instead, it reflects a more competitive market as newer blockchains attract users with faster transactions, lower fees, improved DeFi applications, and reward programs.
As of the latest update, ETH is trading around $2,314, up 1.5% on the day. The article also states Ethereum has broken out of a descending triangle pattern on the daily chart, supported by rising trading volume and strong buying momentum.
If the current momentum continues, Ethereum could push toward the $2,500 level in the near term, while a stronger bullish rally may drive the price closer to $3,000.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
