Ethereum DApp transaction volume increased by 36% in a week, but the price of ETH has not yet rebounded
According to data from DappRadar, in the past week, the transaction volume of Ethereum's decentralized applications (DApps) has increased by 36%, mainly driven by the decentralized exchange Uniswap and automated market maker Balancer. The trading volume of Uniswap increased by 35%, reaching $30.8 billion, while that of automated market maker Balancer grew by 46%, reaching $18.1 billion. However, the price of ETH did not rise accordingly; since falling to $2,396 on August 27th, ETH price rebounded to $2,534. Despite this, it still fell by 22% over the past 30 days.
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