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Ethereum’s dominance in DeFi is quietly slipping.
In just 4 months, ETH’s share has dropped from 63.5% to 54%.
Competition is growing. New chains are gaining traction. Capital is spreading across ecosystems.
Ethereum still leads but the gap is getting smaller.
The big question:
Can $ETH still dominate DeFi 5 years from now, or are we watching the start of a major shift?
#Ethereum #ETH #DeFi #Crypto #Blockchain #Web3