While Ethereum remains the leader in total value locked (TVL) at $53.7 billion

the network fees generated over the past 30 days have been relatively low at $19 million

In Trend

The subdued market response post the Pectra upgrade mirrors a general dissatisfaction among investors as alternative blockchains have gained momentum. Ethereum’s high base layer fees historically hindered network activity

The Ethereum ecosystem faces challenges in bridging assets and data across its layer-2 solutions

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