I'm sharing, in my own words, what I’ve been reading lately about Ethereum, and it’s got me really concerned. To the point that I'm seriously thinking about moving what I have in cold wallets over to #BTC☀ (or to immediate liquidity, like stablecoins or fiat for regulated markets). $BTC

#Ethereum Losing Market Share and Decline in Native Staking ... Blaming Ether’s inability to stay above $2,700 solely on low institutional demand is a mistake; it’s more of a consequence than a cause. For example, Solana has overtaken Ethereum as the leading blockchain in DApp transaction volume.

Recent data shows Solana ( $SOL ) leading in decentralized exchange (DEX) volumes, though some critics point out that much of this activity is due to memecoin trading, which surged in October. Meanwhile, Ethereum still maintains solid demand thanks to well-established DeFi applications like Balancer, Curve, Pendle, and Ether-fi. $ETH

Ethereum retains dominance when combining the volumes of Layer 2 solutions, including networks like Base, Arbitrum, Polygon, and Avalanche. This supremacy is also reflected in the total value locked (TVL), with Ethereum’s base layer holding $48.8 billion compared to Solana’s $6.27 billion. So, although memecoin hype persists, it represents only a small slice of the broader DApp market.

Despite a robust $116 billion DApp volume over the past 30 days, according to DappRadar, Ethereum’s transaction fees have remained stable. According to StakingRewards, ETH’s staking reward rate is 3.4%, compared to Solana’s 6.5% and Tron’s 4.5%. This has led to a net withdrawal of 180,000 ETH from staking in the same period.

Remember, this is not financial advice—just my perspective on ETH. The chart is there to show how it’s moved over recent years, with WEEKLY candles.

Would you hold on longer? Do you think it will reach its all-time highs again? Will we have to wait for new advances from developers? Personally, I’m out of patience... :(