The analysis shows that Ethereum's fundamentals maintain the ERC20 tokens and the proportion of Ethereum's market value declines.

According to TokenGazer data analysis, as of 11:00 on July 31, Ethereum price was $211.58, the total market value was $22,669.92M, and the volume of mainstream exchanges was about $130.51M, which was a certain rebound from yesterday; Ethereum was close to Bitcoin exchange rate. The stage remains stable; in terms of fundamentals, the trading volume of the Ethereum chain has fluctuated recently, and there is a certain upward trend. The number of active addresses, computing power, and DApp trading volume on the chain remain stable; the Ethereum 30-day developer index is about 2.36. The relationship between Ethereum and BTC is slowly declining, and it is still the first among the mainstream currency and Bitcoin; Ethereum's 30-day ROI has a small fluctuation during the year; the total market value of ERC20 token is about 67.10% of Ethereum's total market value. It is on a downward trend.