The analysis shows that the ICO situation in Ethereum continues to be sluggish, and user activity must remain concerned.

According to the blockchain investment agency TokenGazer, the most active use of Ethereum was Token's issuance and fundraising. The first monthly trend of Token's public offering can better reflect the activity trend of Ethereum users and continue the previous downturn. In the Ethereum, the ICO data in March reached a new low, with the contract shrinking by 80.83% and shrinking by 99.17% year-on-year. Although IEO is not an equivalent level compared to the Ethereum ICO data, the popularity of IEO is in stark contrast to the ICO's indifference.