ETHUSDEthereum
2,302
-1.61%
Past
What happened
Ethereum fell 1.6% to $2,302 as the ETH/BTC ratio continued its multi-month slide, with Solana's developer share gains adding to bearish sentiment.
Why
Why it matters
Ethereum's fundamental problem is accelerating — Solana now commands 23% of active developers vs ETH's declining share, and the market is pricing in L1 competition eroding Ethereum's moat.
Watch
What to watch
The $2,250 level is critical — a break below confirms the bearish trend toward $2,100; a bounce with volume above $2,350 signals a double-bottom.
HEADLINES