Ethereum Struggles Below $1,900 Amid Weak DeFi Metrics and Competition
Ethereum’s price is facing challenges in recovering the $1,900 mark, trading at $1,876 on March 12, 2025, as weak decentralized finance (DeFi) metrics and increased competition from other blockchains weigh on its value. According to DefiLlama data, Ethereum’s total value locked (TVL) has dropped sharply from $63 billion in January to $44 billion in February,…
