The recent market performance of Ethereum is not as good as the lack of ERC20 token fundamentals.

According to TokenGazer data analysis, as of 11:00 on July 23, the price of Ethereum was $217.74, the total market value was $23,314.9M, and the volume of mainstream exchanges was about $191.9M, an increase of 15.19% from yesterday. Ethereum exchange rate against Bitcoin Fluctuations around the low point of the year; fundamentals, the trading volume of the Ethereum chain showed a downward trend, the number of active addresses fluctuated smoothly, and the computing power decreased; the DApp trading volume on the ETH chain showed poor performance recently, with a downward trend; Ethereum The 30-day developer index is about 2.33; the relationship between Ethereum and BTC remains stable, and the current correlation is about 0.8; the total market value of ERC20 token is about 69.72% of the total market value of Ethereum, and the proportion of continuous recovery indicates the recent ERC20 generation. The market performance of coins is better than Ethereum.