• bitcoinBitcoin (BTC) $ 117,686.00
  • ethereumEthereum (ETH) $ 3,753.89
  • xrpXRP (XRP) $ 3.11
  • tetherTether (USDT) $ 0.999955
  • bnbBNB (BNB) $ 821.87
  • solanaSolana (SOL) $ 181.74
  • usd-coinUSDC (USDC) $ 0.999717
  • staked-etherLido Staked Ether (STETH) $ 3,744.51
  • dogecoinDogecoin (DOGE) $ 0.224153
  • tronTRON (TRX) $ 0.322600
  • cardanoCardano (ADA) $ 0.783738
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 117,433.00
  • wrapped-stethWrapped stETH (WSTETH) $ 4,530.33
  • hyperliquidHyperliquid (HYPE) $ 43.32
  • suiSui (SUI) $ 3.91
  • stellarStellar (XLM) $ 0.416551
  • chainlinkChainlink (LINK) $ 17.98
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 4,048.24
  • bitcoin-cashBitcoin Cash (BCH) $ 578.51
  • hedera-hashgraphHedera (HBAR) $ 0.266073
  • wrapped-eethWrapped eETH (WEETH) $ 4,011.53
  • avalanche-2Avalanche (AVAX) $ 24.55
  • wethWETH (WETH) $ 3,742.94
  • leo-tokenLEO Token (LEO) $ 8.97
  • litecoinLitecoin (LTC) $ 108.24
  • the-open-networkToncoin (TON) $ 3.20
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • ethena-usdeEthena USDe (USDE) $ 0.999054
  • usdsUSDS (USDS) $ 0.999602
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • whitebitWhiteBIT Coin (WBT) $ 44.04
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 117,611.00
  • uniswapUniswap (UNI) $ 10.32
  • polkadotPolkadot (DOT) $ 3.93
  • moneroMonero (XMR) $ 318.53
  • bitget-tokenBitget Token (BGB) $ 4.55
  • pepePepe (PEPE) $ 0.000012
  • crypto-com-chainCronos (CRO) $ 0.140765
  • aaveAave (AAVE) $ 285.99
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.19
  • ethenaEthena (ENA) $ 0.608795
  • bittensorBittensor (TAO) $ 396.94
  • daiDai (DAI) $ 0.999861
  • pi-networkPi Network (PI) $ 0.435963
  • nearNEAR Protocol (NEAR) $ 2.70
  • ethereum-classicEthereum Classic (ETC) $ 21.74
  • ondo-financeOndo (ONDO) $ 0.977176
  • internet-computerInternet Computer (ICP) $ 5.48
  • okbOKB (OKB) $ 48.57
  • jito-staked-solJito Staked SOL (JITOSOL) $ 221.40
  • mantleMantle (MNT) $ 0.786812
  • aptosAptos (APT) $ 4.61
  • kaspaKaspa (KAS) $ 0.096462
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.039451
  • bonkBonk (BONK) $ 0.000032
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,765.30
  • algorandAlgorand (ALGO) $ 0.260558
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • arbitrumArbitrum (ARB) $ 0.424709
  • gatechain-tokenGate (GT) $ 17.87
  • cosmosCosmos Hub (ATOM) $ 4.58
  • vechainVeChain (VET) $ 0.024417
  • render-tokenRender (RENDER) $ 4.00
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.225116
  • worldcoin-wldWorldcoin (WLD) $ 1.10
  • fasttokenFasttoken (FTN) $ 4.59
  • spx6900SPX6900 (SPX) $ 2.06
  • official-trumpOfficial Trump (TRUMP) $ 9.55
  • skySky (SKY) $ 0.089572
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.708888
  • sei-networkSei (SEI) $ 0.316189
  • binance-staked-solBinance Staked SOL (BNSOL) $ 193.63
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,282.46
  • filecoinFilecoin (FIL) $ 2.57
  • flare-networksFlare (FLR) $ 0.024178
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 117,874.00
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,934.78
  • susdssUSDS (SUSDS) $ 1.06
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.05
  • jupiter-exchange-solanaJupiter (JUP) $ 0.539186
  • story-2Story (IP) $ 5.49
  • kucoin-sharesKuCoin (KCS) $ 11.47
  • xdce-crowd-saleXDC Network (XDC) $ 0.089304
  • usdtbUSDtb (USDTB) $ 0.999636
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,984.15
  • injective-protocolInjective (INJ) $ 14.25
  • mantle-staked-etherMantle Staked Ether (METH) $ 4,003.08
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 4,047.68
  • curve-dao-tokenCurve DAO (CRV) $ 0.988905
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.995127
  • celestiaCelestia (TIA) $ 1.88
  • usdt0USDT0 (USDT0) $ 0.998941
  • nexoNEXO (NEXO) $ 1.31
  • optimismOptimism (OP) $ 0.729841
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,944.40
  • blockstackStacks (STX) $ 0.776607
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999883
  • falcon-financeFalcon USD (USDF) $ 0.999459
  • flokiFLOKI (FLOKI) $ 0.000120
  • fartcoinFartcoin (FARTCOIN) $ 1.13
  • wbnbWrapped BNB (WBNB) $ 825.47
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 204.25
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 117,743.00
  • immutable-xImmutable (IMX) $ 0.549969
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.95
  • dogwifcoindogwifhat (WIF) $ 1.02
  • the-graphThe Graph (GRT) $ 0.101031
  • sonic-3Sonic (S) $ 0.309264
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • conflux-tokenConflux (CFX) $ 0.192059
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.45
  • lido-daoLido DAO (LDO) $ 1.05
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 117,422.00
  • msolMarinade Staked SOL (MSOL) $ 238.11
  • pax-goldPAX Gold (PAXG) $ 3,327.27
  • ethereum-name-serviceEthereum Name Service (ENS) $ 28.03
  • paypal-usdPayPal USD (PYUSD) $ 0.999889
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,742.26
  • kaiaKaia (KAIA) $ 0.158090
  • tezosTezos (XTZ) $ 0.881018
  • saros-financeSaros (SAROS) $ 0.349458
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • clbtcclBTC (CLBTC) $ 117,926.00
  • vaultaVaulta (A) $ 0.539592
  • theta-tokenTheta Network (THETA) $ 0.848505
  • pump-funPump.fun (PUMP) $ 0.002391
  • raydiumRaydium (RAY) $ 3.04
  • tether-goldTether Gold (XAUT) $ 3,323.62
  • super-oethSuper OETH (SUPEROETH) $ 3,738.38
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,962.97
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,999.75
  • iotaIOTA (IOTA) $ 0.200103
  • jasmycoinJasmyCoin (JASMY) $ 0.016140
  • galaGALA (GALA) $ 0.016692
  • pyth-networkPyth Network (PYTH) $ 0.126486
  • pendlePendle (PENDLE) $ 4.36
  • aerodrome-financeAerodrome Finance (AERO) $ 0.836229
  • the-sandboxThe Sandbox (SAND) $ 0.294175
  • ousgOUSG (OUSG) $ 111.97
  • jito-governance-tokenJito (JTO) $ 1.89
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08
  • bittorrentBitTorrent (BTT) $ 0.00000069
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998075
  • tbtctBTC (TBTC) $ 117,320.00
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,734.78
  • zcashZcash (ZEC) $ 39.96
  • heliumHelium (HNT) $ 3.41
  • flowFlow (FLOW) $ 0.389210
  • walrus-2Walrus (WAL) $ 0.442578
  • syrupMaple Finance (SYRUP) $ 0.501761
  • newton-projectAB (AB) $ 0.008547
  • stader-ethxStader ETHx (ETHX) $ 4,001.97
  • usual-usdUsual USD (USD0) $ 0.997602
  • ripple-usdRipple USD (RLUSD) $ 0.999694
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.224421
  • decentralandDecentraland (MANA) $ 0.298734
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 117,907.00
  • mog-coinMog Coin (MOG) $ 0.000001
  • bitcoin-svBitcoin SV (BSV) $ 28.09
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 117,136.00
  • morphoMorpho (MORPHO) $ 1.72
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,747.82
  • usddUSDD (USDD) $ 0.999366
  • coredaoorgCore (CORE) $ 0.538099
  • beldexBeldex (BDX) $ 0.076195
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 4,136.72
  • based-brettBrett (BRETT) $ 0.053528
  • chain-2Onyxcoin (XCN) $ 0.015403
  • memecoreMemeCore (M) $ 0.312465
  • telcoinTelcoin (TEL) $ 0.005572
  • swethSwell Ethereum (SWETH) $ 4,104.60
  • tokenize-xchangeTokenize Xchange (TKX) $ 6.24
  • true-usdTrueUSD (TUSD) $ 0.998424
  • thorchainTHORChain (RUNE) $ 1.40
  • keetaKeeta (KTA) $ 1.21
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008234
  • apecoinApeCoin (APE) $ 0.605245
  • arweaveArweave (AR) $ 7.34
  • ether-fiEther.fi (ETHFI) $ 1.13
  • apenftAPENFT (NFT) $ 0.00000047
  • aioz-networkAIOZ Network (AIOZ) $ 0.390852
  • wemix-tokenWEMIX (WEMIX) $ 1.02
  • build-onBUILDon (B) $ 0.460037
  • savings-daiSavings Dai (SDAI) $ 1.16
  • starknetStarknet (STRK) $ 0.126423
  • wrapped-hypeWrapped HYPE (WHYPE) $ 43.26
  • compound-governance-tokenCompound (COMP) $ 47.90
  • frax-etherFrax Ether (FRXETH) $ 3,740.25
  • dydx-chaindYdX (DYDX) $ 0.592053
  • neoNEO (NEO) $ 6.29
  • treehouse-ethTreehouse ETH (TETH) $ 4,553.31
  • elrond-erd-2MultiversX (EGLD) $ 15.38
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 3,743.94
  • ecasheCash (XEC) $ 0.000022
  • deepDeepBook (DEEP) $ 0.172065
  • kavaKava (KAVA) $ 0.389386
  • convex-financeConvex Finance (CVX) $ 5.12
  • dexeDeXe (DEXE) $ 7.31
  • tripTrip (TRIP) $ 14.10
  • bitcoinBitcoin (BTC) $ 117,686.00
  • ethereumEthereum (ETH) $ 3,753.89
  • xrpXRP (XRP) $ 3.11
  • tetherTether (USDT) $ 0.999955
  • bnbBNB (BNB) $ 821.87
  • solanaSolana (SOL) $ 181.74
  • usd-coinUSDC (USDC) $ 0.999717
  • staked-etherLido Staked Ether (STETH) $ 3,744.51
  • dogecoinDogecoin (DOGE) $ 0.224153
  • tronTRON (TRX) $ 0.322600
  • cardanoCardano (ADA) $ 0.783738
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 117,433.00
  • wrapped-stethWrapped stETH (WSTETH) $ 4,530.33
  • hyperliquidHyperliquid (HYPE) $ 43.32
  • suiSui (SUI) $ 3.91
  • stellarStellar (XLM) $ 0.416551
  • chainlinkChainlink (LINK) $ 17.98
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 4,048.24
  • bitcoin-cashBitcoin Cash (BCH) $ 578.51
  • hedera-hashgraphHedera (HBAR) $ 0.266073
  • wrapped-eethWrapped eETH (WEETH) $ 4,011.53
  • avalanche-2Avalanche (AVAX) $ 24.55
  • wethWETH (WETH) $ 3,742.94
  • leo-tokenLEO Token (LEO) $ 8.97
  • litecoinLitecoin (LTC) $ 108.24
  • the-open-networkToncoin (TON) $ 3.20
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • ethena-usdeEthena USDe (USDE) $ 0.999054
  • usdsUSDS (USDS) $ 0.999602
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • whitebitWhiteBIT Coin (WBT) $ 44.04
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 117,611.00
  • uniswapUniswap (UNI) $ 10.32
  • polkadotPolkadot (DOT) $ 3.93
  • moneroMonero (XMR) $ 318.53
  • bitget-tokenBitget Token (BGB) $ 4.55
  • pepePepe (PEPE) $ 0.000012
  • crypto-com-chainCronos (CRO) $ 0.140765
  • aaveAave (AAVE) $ 285.99
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.19
  • ethenaEthena (ENA) $ 0.608795
  • bittensorBittensor (TAO) $ 396.94
  • daiDai (DAI) $ 0.999861
  • pi-networkPi Network (PI) $ 0.435963
  • nearNEAR Protocol (NEAR) $ 2.70
  • ethereum-classicEthereum Classic (ETC) $ 21.74
  • ondo-financeOndo (ONDO) $ 0.977176
  • internet-computerInternet Computer (ICP) $ 5.48
  • okbOKB (OKB) $ 48.57
  • jito-staked-solJito Staked SOL (JITOSOL) $ 221.40
  • mantleMantle (MNT) $ 0.786812
  • aptosAptos (APT) $ 4.61
  • kaspaKaspa (KAS) $ 0.096462
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.039451
  • bonkBonk (BONK) $ 0.000032
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,765.30
  • algorandAlgorand (ALGO) $ 0.260558
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • arbitrumArbitrum (ARB) $ 0.424709
  • gatechain-tokenGate (GT) $ 17.87
  • cosmosCosmos Hub (ATOM) $ 4.58
  • vechainVeChain (VET) $ 0.024417
  • render-tokenRender (RENDER) $ 4.00
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.225116
  • worldcoin-wldWorldcoin (WLD) $ 1.10
  • fasttokenFasttoken (FTN) $ 4.59
  • spx6900SPX6900 (SPX) $ 2.06
  • official-trumpOfficial Trump (TRUMP) $ 9.55
  • skySky (SKY) $ 0.089572
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.708888
  • sei-networkSei (SEI) $ 0.316189
  • binance-staked-solBinance Staked SOL (BNSOL) $ 193.63
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,282.46
  • filecoinFilecoin (FIL) $ 2.57
  • flare-networksFlare (FLR) $ 0.024178
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 117,874.00
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,934.78
  • susdssUSDS (SUSDS) $ 1.06
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.05
  • jupiter-exchange-solanaJupiter (JUP) $ 0.539186
  • story-2Story (IP) $ 5.49
  • kucoin-sharesKuCoin (KCS) $ 11.47
  • xdce-crowd-saleXDC Network (XDC) $ 0.089304
  • usdtbUSDtb (USDTB) $ 0.999636
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,984.15
  • injective-protocolInjective (INJ) $ 14.25
  • mantle-staked-etherMantle Staked Ether (METH) $ 4,003.08
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 4,047.68
  • curve-dao-tokenCurve DAO (CRV) $ 0.988905
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.995127
  • celestiaCelestia (TIA) $ 1.88
  • usdt0USDT0 (USDT0) $ 0.998941
  • nexoNEXO (NEXO) $ 1.31
  • optimismOptimism (OP) $ 0.729841
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,944.40
  • blockstackStacks (STX) $ 0.776607
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999883
  • falcon-financeFalcon USD (USDF) $ 0.999459
  • flokiFLOKI (FLOKI) $ 0.000120
  • fartcoinFartcoin (FARTCOIN) $ 1.13
  • wbnbWrapped BNB (WBNB) $ 825.47
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 204.25
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 117,743.00
  • immutable-xImmutable (IMX) $ 0.549969
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.95
  • dogwifcoindogwifhat (WIF) $ 1.02
  • the-graphThe Graph (GRT) $ 0.101031
  • sonic-3Sonic (S) $ 0.309264
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • conflux-tokenConflux (CFX) $ 0.192059
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.45
  • lido-daoLido DAO (LDO) $ 1.05
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 117,422.00
  • msolMarinade Staked SOL (MSOL) $ 238.11
  • pax-goldPAX Gold (PAXG) $ 3,327.27
  • ethereum-name-serviceEthereum Name Service (ENS) $ 28.03
  • paypal-usdPayPal USD (PYUSD) $ 0.999889
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,742.26
  • kaiaKaia (KAIA) $ 0.158090
  • tezosTezos (XTZ) $ 0.881018
  • saros-financeSaros (SAROS) $ 0.349458
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • clbtcclBTC (CLBTC) $ 117,926.00
  • vaultaVaulta (A) $ 0.539592
  • theta-tokenTheta Network (THETA) $ 0.848505
  • pump-funPump.fun (PUMP) $ 0.002391
  • raydiumRaydium (RAY) $ 3.04
  • tether-goldTether Gold (XAUT) $ 3,323.62
  • super-oethSuper OETH (SUPEROETH) $ 3,738.38
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,962.97
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,999.75
  • iotaIOTA (IOTA) $ 0.200103
  • jasmycoinJasmyCoin (JASMY) $ 0.016140
  • galaGALA (GALA) $ 0.016692
  • pyth-networkPyth Network (PYTH) $ 0.126486
  • pendlePendle (PENDLE) $ 4.36
  • aerodrome-financeAerodrome Finance (AERO) $ 0.836229
  • the-sandboxThe Sandbox (SAND) $ 0.294175
  • ousgOUSG (OUSG) $ 111.97
  • jito-governance-tokenJito (JTO) $ 1.89
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08
  • bittorrentBitTorrent (BTT) $ 0.00000069
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998075
  • tbtctBTC (TBTC) $ 117,320.00
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,734.78
  • zcashZcash (ZEC) $ 39.96
  • heliumHelium (HNT) $ 3.41
  • flowFlow (FLOW) $ 0.389210
  • walrus-2Walrus (WAL) $ 0.442578
  • syrupMaple Finance (SYRUP) $ 0.501761
  • newton-projectAB (AB) $ 0.008547
  • stader-ethxStader ETHx (ETHX) $ 4,001.97
  • usual-usdUsual USD (USD0) $ 0.997602
  • ripple-usdRipple USD (RLUSD) $ 0.999694
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.224421
  • decentralandDecentraland (MANA) $ 0.298734
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 117,907.00
  • mog-coinMog Coin (MOG) $ 0.000001
  • bitcoin-svBitcoin SV (BSV) $ 28.09
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 117,136.00
  • morphoMorpho (MORPHO) $ 1.72
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,747.82
  • usddUSDD (USDD) $ 0.999366
  • coredaoorgCore (CORE) $ 0.538099
  • beldexBeldex (BDX) $ 0.076195
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 4,136.72
  • based-brettBrett (BRETT) $ 0.053528
  • chain-2Onyxcoin (XCN) $ 0.015403
  • memecoreMemeCore (M) $ 0.312465
  • telcoinTelcoin (TEL) $ 0.005572
  • swethSwell Ethereum (SWETH) $ 4,104.60
  • tokenize-xchangeTokenize Xchange (TKX) $ 6.24
  • true-usdTrueUSD (TUSD) $ 0.998424
  • thorchainTHORChain (RUNE) $ 1.40
  • keetaKeeta (KTA) $ 1.21
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008234
  • apecoinApeCoin (APE) $ 0.605245
  • arweaveArweave (AR) $ 7.34
  • ether-fiEther.fi (ETHFI) $ 1.13
  • apenftAPENFT (NFT) $ 0.00000047
  • aioz-networkAIOZ Network (AIOZ) $ 0.390852
  • wemix-tokenWEMIX (WEMIX) $ 1.02
  • build-onBUILDon (B) $ 0.460037
  • savings-daiSavings Dai (SDAI) $ 1.16
  • starknetStarknet (STRK) $ 0.126423
  • wrapped-hypeWrapped HYPE (WHYPE) $ 43.26
  • compound-governance-tokenCompound (COMP) $ 47.90
  • frax-etherFrax Ether (FRXETH) $ 3,740.25
  • dydx-chaindYdX (DYDX) $ 0.592053
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  • ecasheCash (XEC) $ 0.000022
  • deepDeepBook (DEEP) $ 0.172065
  • kavaKava (KAVA) $ 0.389386
  • convex-financeConvex Finance (CVX) $ 5.12
  • dexeDeXe (DEXE) $ 7.31
  • tripTrip (TRIP) $ 14.10

Here’s Why Ethereum (ETH) Continues to Bleed, According to CryptoQuant

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Here’s Why Ethereum (ETH) Continues to Bleed, According to CryptoQuant

The past few months have been difficult for the Ethereum ecosystem, with ether (ETH) falling to levels not seen since 2020. ETH is significantly underperforming compared to bitcoin (BTC) and some major cap altcoins. Worse still, the bleeding does not appear to be stopping soon.

According to a report by the market analytics platform CryptoQuant, diminished network activity is one of the major reasons why Ethereum has been losing value. This continued subdued activity is contributing to a high inflation rate for ETH, making the cryptocurrency lose its value over time.

Diminishing Network Activity

The number of active addresses on Ethereum has been reducing steadily since the beginning of the year. In addition, average fees per transaction and per block have plummeted to record lows. As a result of the low fees and fewer active addresses, the ETH burn rate has fallen to its lowest level since the Merge.

Recall that Ethereum introduced a burn mechanism to remove a portion of ETH from circulation to ensure the asset remained deflationary over time. These coins are taken from Ethereum gas fees and permanently removed from the supply.

The Merge, which marked the transition of Ethereum from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism, aimed to bolster this concept by ensuring more ETH was burned than produced.

However, after the Dencun upgrade last year, which introduced blobs and reduced transaction fees, less ETH was burned and more minted. This caused ether to become inflationary again. With the ETH burn rate hovering around its lowest level since the Merge, inflationary pressures on the cryptocurrency have intensified.

“Ethereum’s recent underperformance can be largely attributed to diminished network activity, as evidenced by declining active addresses and reduced transaction fees. These factors, coupled with a low burn rate post-Dencun upgrade and a continuous high inflation rate, continue to exert downward pressure on the asset’s value,” said pseudonymous CryptoQuant analyst EgyHash.

ETH Down 4% Daily

Furthermore, EgyHash stated that Ethereum faces a chance at potential recovery if there is a positive change in the network’s activity—an increase in active addresses, which would lead to higher transaction fees and more ETH being burned.

At the time of writing, ETH was worth $1,790, down 4% daily per data from CoinMarketCap. Notably, the asset was negatively affected by the announcement confirming the implementation of trade tariffs in the United States.

Moreover, ether has lost 16% of its value in the past month and is down by more than 60% since this cycle’s peak at just over $4,000.

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