The data of the Ethereum ecosystem, which will update Shapella in the coming hours, continues to progress in the form of a decline.
After the Shapella update brought excitement to the crypto community, scary data came from Ethereum (ETH). Reaching $ 1940 in the past days, ETH had seen its 7-month price peak. However, as the update date approached, ETH, which was negative, created a question mark in crypto investors. ETH, which spent the day with a price drop of 2.46%, drew attention to the data that lost power as Shapella got closer to the update.
Ethereum (ETH) Is Losing Its Domination!
Losing its dominance by 3.41% in approximately three days, ETH cannot meet the expectations for now. This update, which divided crypto investors into two, created an even more competitive environment with the latest data. While one segment stated that the Shapella update would lead to upward hard pricing, the other segment called it the beginning of the decline.
ETH, which has lost its power in the crypto market in terms of both price and dominance, seems to have upset users, especially those who are looking forward to the update. Although there is no clear movement of the update for now, the data that is gradually losing its power may be ringing the danger bells for ETH.
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