Ethereum
Why Ethereum is down 1.3% in the last hour
Analysis
Ethereum (ETH) slipped 1.3% over the past hour as broader market risk sentiment turned negative, with reports highlighting a sharp drawdown leaving multiple crypto treasuries “deeply underwater” amid declines across Bitcoin, Ethereum, and Solana. While one update noted Ethereum network activity hitting record levels even as price action stalled—suggesting fundamentals didn’t immediately translate into upside—near-term selling pressure dominated.
Contributing Factors (3)
Ethereum Network Activity Breaks Records Even As ETH Price Stalls
The Ethereum network and its price are moving in separate directions as the market faces continued bearish action. On-chain data are showing that the ETH network is performing at one of its most remar...
Crypto Treasuries Fall Deeply Underwater as Bitcoin, Ethereum and Solana Dive
Prominent publicly traded crypto treasury firms are underwater on their holdings as Bitcoin and Ethereum keep falling.
Vitalik Buterin Pushes Ethereum Builders to Move Beyond Clone Chains
Vitalik Buterin has warned Ethereum developers against building “copy-paste” EVM chains and superficial layer-2 connections, arguing that the ecosystem risks stagnation if it continues prioritising co...
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.