The total value of cryptocurrencies blocked (TVL) in the protocol of decentralized finances (DEFI) lost all its profits since Donald Trump was elected the US president in November 2024.
After the US election, DEFI TVL increased to $ 138 billion on December 17, but until March 10 withdrew to $ 92.6 billion, as the analyst Miles Deutscher noted.
Solana gave birth to criticism when his popularity Memecoin disappears, but Ethereum faced his own challenges in recent cycles, and Ether (ETH) did not reach fresh all time, despite the Bitcoins (BTC), increased by $ 109,000 on January 20, the day when Trump took office. TVL Ethereum also dropped by $ 30.6 billion from bicycles, Defillama data can be seen.
Source: German miles
The record high Ether price of USD 4,787 from November 2021 remains uninterrupted despite positive changes in the industry, such as the current funds (ETFS) in the USA and Trump, the executive order of the Bitcoin strategic reserve.
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Ethereum $ 1.8 billion of a weekly net outflow
According to INTOTHEBLOCK data, worth almost 800,000 ETH worth approximately $ 1.8 billion during the week starting from March 3, which results in the highest seven -day net outflow registered from December 2022.
Flowing is unusual, considering the price drop by 10% of the ether during this period, reaching a low level of 2 007 USD on Coingecko. Usually, signal exchange inflows pressure for sale, while the outflows suggest long -term maintenance or movement to decentralized financial applications (DEFs), such as breeding or product.
“Despite the constant pessimism around the prices of ether, this trend suggests that many owners perceive the current levels as a strategic possibility of purchase,” said Intotheblock in a post of March 10.
Before March 3, Ethereum experienced the influx of net exchange every day, which indicates that investors were selling during a slowdown, said Juan Pellicer, a senior research analyst at Intotheblock, in comments to Cointelegraph. He noticed that the decrease in ETH to USD 2100 could have caused accumulation, which then led investors to pay funds from stock exchanges.
Upgrade Pectra meets its own road inequalities
The Ethereum spoon -oriented road map has reduced hubs and gas fees, but has introduced fluidity fragmentation.
The upcoming Pectra update is aimed at solving this by increasing the efficiency and interoperability of layer 2. By double the number of blob objects, reduces transaction costs and helps consolidate liquidity. In addition, the abstraction of the account allows an knowledgeable contract portfolio for more smoothly functioning in the Ethereum and Layer-2 network, simplifying bridging and fund management.
The implementation of PECTRA updates encountered failures on March 5, when he launched the TestNet sepolia. The developer Ethereum Marius van der Wijden reported errors in Geth nodes and empty blocks extracted due to a deposit agreement causing an incorrect type of event. The amendment has been implemented.
Warehouse: Pectra Difficult Fork explained – Will Ethereum return to the right track?
