以太坊（ETH）价格低于$ 1,600，在特朗普废除Defi Kyc授权后一周

以太坊在分散融资（DEFI）中的主导地位本周受到巨大压力，引发了ETH现货市场的看跌张力。

Despite a broader crypto market recovery this week, Ethereum price has tumbled below $1,600.

尽管本周的加密货币市场恢复较大，但以太坊价格仍低于1,600美元。

The second-largest cryptocurrency is lagging behind Bitcoin and other top altcoins as investors react to Donald Trump’s decision to nullify the Biden-era mandate requiring decentralized finance (DeFi) protocols to comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.

随着投资者对唐纳德·特朗普（Donald Trump）决定取消需要分散融资（DEFI）协议以遵守您了解您的客户（KYC）和反资产货币（AML）法规（AML）法规的决定，第二大加密货币落后于比特币和其他顶级替代币。

The move has seen a slew of crypto assets shift from Ethereum to Solana and other DeFi networks.

此举使一系列加密资产从以太坊转移到Solana和其他Fefi网络。

Ethereum price performance lags as markets reacts to Trump’s DeFi law repeal

当市场对特朗普的法律废除反应时，以太坊价格绩效滞后

Ethereum’s dominance in decentralized finance (DeFi) is coming under pressure this week, setting bearish implications for the ETH spot markets.

以太坊在分散财务（DEFI）中的主导地位本周正受到压力，对ETH现货市场产生了看跌的影响。

On Wednesday, Ethereum price languished below the $1,500 level as BTC flips to $85,000. A sudden NVIDIA sell-off also saw investors rotate funds from US stock markets towards crypto assets, setting top altcoins like Bitcoin Cash and Litecoin for mild gains.

周三，以太坊的价格低于$ 1,500的水平，BTC倒转至85,000美元。 NVIDIA突然的抛售也使投资者从美国股票市场旋转资金朝着加密货币资产旋转，将比特币现金等顶级山寨币和Litecoin设置为轻度收益。

Ethereum price performance

以太坊价格性能

However, on-chain data shows that Ethereum’s persistent underperformance could be linked to swings in capital flows within the global DeFi sector.

但是，链上的数据表明，以太坊的持续性不佳可能与全球偏见部门内资本流动的波动有关。

On April 10, Trump signed an executive order nullifying a Biden-era policy that required DeFi protocols to comply with KYC and AML regulations. The reversal has been seen as a win for crypto-native platforms and open financial infrastructure.

4月10日，特朗普签署了一项行政命令，无效拜登时代的政策，该政策要求Defi协议遵守KYC和AML法规。逆转已被视为加密本地平台和开放金融基础设施的胜利。

But for Ethereum, the aftermath has been decisively negative.

但是对于以太坊而言，后果是果断的负面的。

Investors have persistently shifted assets out from Ethereum into other rival networks, data from cross-chain bridge Wormhole shows. The move comes a week after the former U.S. President Donald Trump repealed the law.

跨链桥虫洞的数据显示，投资者已将资产从以太坊持续将其从以太坊转移到其他竞争对手网络。此举是在美国前总统唐纳德·特朗普（Donald Trump）废除法律后一周。

Solana captures 60% of outflows as investors withdraw $86M from Ethereum

Solana捕获了60％的流出，因为投资者从以太坊撤出了8600万美元

Of the outflows, Solana absorbed the lion’s share, drawing over $54 million—nearly 62% of the total. Base, Arbitrum, and Avalanche followed with $9.6 million, $5.8 million, and $3.9 million in inflows over the past week.

在流出中，索拉纳（Solana）吸收了狮子的份额，吸收了超过5400万美元，占总数的62％。基本，仲裁和雪崩随后是960万美元，580万美元和390万美元的流入。

Ethereum Cross Chain transaction flows | Source: Wormhole Bridge

以太坊跨链交易流量|资料来源：虫洞桥

Most Solana-bound assets were funneled into high-velocity DeFi protocols like Jupiter, Kamino, and MarginFi, which have seen surging volumes amid Solana’s improved scalability and lower fees.

大多数有阳离子的资产都被汇入了木星，卡米诺和Marginfi等高速偏见方案，这些方案在索拉纳（Solana）提高的可伸缩性和较低的费用的情况下看到了幅度飙升。

Solana DeFi Total Value Locked, April 16 2025 | Source: DeFillama

Solana Defi总价值锁定，2025年4月16日|资料来源：Defillama

The move sparked a strong market response. Solana’s total value locked (TVL) surged 12% over the past week, climbing from $6.1 billion on April 9 to $6.9 billion as of April 16, according to DeFiLlama.

此举引发了强烈的市场反应。根据Defillama的数据，索拉纳的总价值锁定（TVL）在过去一周中飙升了12％，从4月9日的61亿美元升至4月16日的69亿美元。

More than $800 million in fresh capital was deployed across Solana-based protocols during that period.

在此期间，基于Solana的协议部署了超过8亿美元的新资本。

Solana’s native token SOL also rallied, gaining 21% over the past week to trade at $135. In comparison, Ethereum’s price rose just 8%, lagging nine of the top 10 cryptocurrencies by market capitalization.

索拉纳（Solana）的原住民代币索尔（Sol）也集会了，在过去一周中获得了21％的交易，售价为135美元。相比之下，以太坊的价格仅上涨了8％，在市值中落后了十大加密货币中的9个。

Ethereum's long-term market share at risk

以太坊的长期市场份额处于危险之中

The sharp capital rotation suggests that Ethereum’s long-standing lead in DeFi could be eroding as developers and users seek faster, lower-cost environments.

急剧的资本旋转表明，随着开发人员和用户寻求更快，较低成本的环境，以太坊长期存在的DEFI领导者可能正在侵蚀。

While Ethereum still leads in total value locked—with over $80 billion—it is increasingly being challenged on performance metrics and user experience.

尽管以太坊仍然导致总价值锁定（超过800亿美元），但越来越多地在性能指标和用户体验上受到挑战。

Institutional investors pursuing real-world asset tokenization and onchain securities issuance are pivoting to Avalanche and Hedera, which offer native compliance tooling and low fees.

追求现实世界中的资产令牌化和Onchain证券发行的机构投资者正在向Avalanche和Hedera旋转，这些投资者提供了当地的合规性工具和低费用。

Meanwhile, Solana and Cardano continue to dominate the retail trading and memecoin space due to their scalability and community traction.

同时，由于其可扩展性和社区牵引力，Solana和Cardano继续在零售交易和Memecoin空间中占据主导地位。