Ethereum network has a net inflow of US$264 million in the past 7 days, ranking first
According to Artemis data, in the past 7 days, Ethereum network has a net inflow of $264 million, ranking first. Base network has a net inflow of $127.4 million, ranking second. Solana ($25.2 million) ranks third.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Ether has struggled to break out of its long-standing trading range, with hedge fund short positioning playing a key role in capping its price movement, according to analysts.Despite strong trading volume and recent surges in activity, structural weaknesses and competition from alternative networks have left ether vulnerable to ongoing bearish sentiment, an analyst said.
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