{"id":29272,"date":"2025-05-29T15:17:30","date_gmt":"2025-05-29T15:17:30","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=29272"},"modified":"2025-05-29T15:17:30","modified_gmt":"2025-05-29T15:17:30","slug":"ether-outperforms-defi-market-in-may-bouncing-from-woeful-start-to-the-year","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=29272","title":{"rendered":"Ether Outperforms DeFi Market in May, Bouncing From Woeful Start to the Year"},"content":{"rendered":"
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Ether ETH has increased in value by 45% over the past 30 days, outperforming the decentralized finance (DeFi) market and bitcoin, which are up 21% and 13% respectively in the same period.<\/p>\n

Much of ether’s rise has been attributed to institutional interest that has led to record inflows from spot ETH ETFs<\/a>.<\/p>\n

ETH’s rise came after a lull in sentiment earlier this year as rival layer-1 blockchains like Solana took the limelight with a flurry of memecoin releases.<\/p>\n

At the turn of the year ETH was trading at $3,340 however by early April it had tumbled to as low as $1,472 amid global uncertainty related to U.S. tariffs. <\/p>\n

But now, as documented in an article by CoinDesk analyst Omkar Godbole on Thursday, ether has finally broken an 18-month downtrend against Solana as it begins to wrangle back control of the DeFi market.<\/p>\n

It appears that much of that appetite is related to yields — DefiLlama data shows that TVL on restaking protocols like Lido, EigenLayer and Ether.fi have all risen by between 41% and 48% this month, while Binance’s staked ether product has experienced a 63% jump in TVL.<\/p>\n

The Solana-based DeFi protocols, however, have failed to keep pace with those on Ethereum. Jupiter’s and Kamino’s TVL have risen by just 7% and 9% while liquid staking protocol Marinade has seen TVL increase by 29%.<\/p>\n

Ether’s recent performance marks a significant recovery from earlier this year, with increased institutional interest and strong growth in DeFi protocols contributing to its rise.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Ether ETH has increased in value by 45% over the past 30 days, outperforming the decentralized finance (DeFi) market and bitcoin, which are up 21% and 13% respectively in the same period. Much of ether’s rise has been attributed to institutional interest that has led to record inflows from spot ETH ETFs. ETH’s rise came […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-29272","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29272"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29272\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}