#ETH Price & #DeFi Transaction Volume Correlation

in #defi • 5 years ago

Data from dapp.com: 12 Mar-13 Mar, #ETH drop around 47%. #DeFi volume on #Ethereum drop 46% from 117M to 63M USD.

❓Does anyone notice something interesting from these 2 numbers: 47%, 46%?

屏幕快照 2020-03-15 上午11.17.50.png

Data: https://dapp.com/market?utm_source=st

#blockchain #crypto #cryptocurrency #eth #dapps #ethereum #ether
5 years ago in #defi by
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     5 years ago  

    Ethereum is going worth

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       5 years ago  

      The transaction volume in $ETH didn't really change. Even though the $ETH price drop a lot, the activity in terms of transaction volume, did not really drop.

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         5 years ago  

        Maybe correlation does not equal causation?

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           5 years ago  

          The transaction volume in $ETH didn't really change. Even though the $ETH price drop a lot, the activity in terms of transaction volume, did not really drop.

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             5 years ago  

            It would be interesting to see the type of transactions that changed with the value of ETH dropping.

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