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Ethereum’s DeFi Reign Slips 37% Since 2021—A Blockchain Power Shift?

Current metrics place the total value locked into decentralized finance (DeFi) at approximately $117.856 billion. Ethereum, once commanding more than 56% of that figure at the close of 2024, has since dipped to 51.24% in...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Ethereum’s DeFi Reign Slips 37% Since 2021—A Blockchain Power Shift?
Current metrics place the total value locked into decentralized finance (DeFi) at approximately $117.856 billion. Ethereum, once commanding more than 56% of that figure at the close of 2024, has since dipped to 51.24% in May, marking a notable decline in its share. Battle for DeFi Dominance Heats up: Ethereum Slides, Solana and Bitcoin Advance […]

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This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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