Ethereum’s Value Narrative Takes a Hit: DApp Volumes Plummet 19%

Ethereum (ETH) is facing pressure to regain its upward momentum as decentralized application (DApp) volumes on the network tumble by a significant 19%. This decline comes at a time when ETH prices are struggling to break above the $2,250 support level, raising concerns about the long-term growth narrative of the second-largest cryptocurrency.