- Ethereum market dominance dropped to 7.18%, nearing its all-time low of 7.09% from 2019.
- ETH price may fall 33% to $1,100 as a bearish flag pattern forms on the daily trading chart.
- Ethereum’s TVL share fell from 61.2% to 51.7% as Solana’s TVL dominance surged 172%.
In April 2025, Ethereum reached its all-time minimal market share point as its value declined substantially during this month. Ethereum’s market dominance reached 7.18% on April 9, barely exceeding its historical minimum value of 7.09% from September 2019. ETH’s share of cryptocurrency market capitalization is decreasing steadily, which is causing its market dominance to decline.
According to analysed data, Ethereum has had its lowest market share values since 2019-2020. XRP, BNB Chain, and Solana are among the growing competitors that have led to Ethereum’s declining share.
XRP’s dominance grew by more than 200% during early 2023, although BNB Chain and Solana experienced expansions of 40% and 344%, respectively.
Various industry analysts have identified multiple aspects which explain Ethereum’s current market state. Ethereum confronts substantial challenges because institutions keep withdrawing their funds from exchange-traded funds while derivatives market deals remain sluggish. Ethereum faces challenges to its market standing due to the growing popularity of various layer-1 blockchains.
DeFi Metrics and TVL Further Pressure Ethereum
Ethereum management of decentralized financial practices has demonstrated weakening dominance throughout recent months. The data shows that Ethereum leads the market with a 51.7% share of total value locked (TVL) across all chains, yet its market share decreased from 61.2% in February 2024.
The DeFi TVL value on Solana networks expanded its market share by 172% throughout the specified timeframe.
Due to the decrease in Ethereum’s TVL share, users and developers are opting for blockchains that offer better transaction fees and higher throughputs. The evolving DeFi sector indicates increasing obstacles to Ethereum’s maintaining its dominant position.
Technical Pattern Indicates Possible ETH Price Decline
The technical indicators for the Ethereum price suggest a bearish pattern likely to result in additional price reductions. The ETH/USD pair has created potential bear flag patterning on its daily time scale. Analysis of this particular pattern indicates it will probably sustain the declining price direction.
A drop below $1600 during daily trading would validate a price decline in the market. Using the flagpole height measurement, the analysts predict a potential price target of $1,100, indicating a 33% decrease from current market levels. The relative strength index (RSI) maintains values under 50, supporting the prevailing adverse market sentiment in the ETH price zone.
Whenever persistent seller activity continues, the asset could extend its price decrease toward new lower support positions. Multiple technical indicators suggest that observers expect $1,000 as the lowest possible price point.
Since the cryptocurrency industry progressed, market participants have tracked Ethereum’s price movements and market share data. Individuals looking to invest should evaluate potential dangers while performing self-directed financial evaluations before committing assets.
