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Sep 21, 2025
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Ethereum’s DEX Volume Surpasses $3.5 Trillion Amid Market Volatility

Ethereum's Market Position and Potential Rally

  • Ethereum is the second-largest cryptocurrency and largest altcoin by market cap.
  • Analyst Ted Pillows suggests a possible short-term correction before a major rally to $10,000.
  • The current price consolidation below the 2021 ATH of $4,878 resembles past bullish patterns.
  • A potential correction could see prices dip to $3,700–$3,800.
  • This phase is projected to be a precursor to a significant rally potentially reaching $10,000 by early 2026.

Ethereum DEX Activity and Recent Price Movements

  • Ethereum's DEX trading volume has surpassed $3.5 trillion, highlighting its role in DeFi.
  • Currently trading at $4,470, Ethereum has seen a 4.32% decline over the past week.
  • Daily trading volume decreased by 47.31%, now valued at $17.1 billion.
  • If Ethereum doesn't hold above $4,500, the next support is between $4,000 and $4,200.
  • A drop below $4,000 may still align with positive historical trends.

Ethereum
Ethereum