Ethereum DApp trading volume rose by 36% in a week, but ETH price has not yet recovered
2024-08-29 22:11:02
According to DappRadar, the volume of Ethereum decentralized applications (DApps) rose by 36% in the past week, mainly driven by decentralized exchange Uniswap and automated market maker Balancer, which increased by 35% to $30.80 billion, while the volume of automated market maker Balancer increased by 46% to $18.10 billion. But the ETH price did not follow the rise. Since falling to $2,396 on August 27, the ETH price has recovered to $2,534. Despite this, it has still fallen by 22% in the past 30 days.
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