最新报道:According to a chart released by @cmdefi, Uniswap's TVL is currently nearing its peak of 60%. Since the current ETH price is close to its 2021 price, the data still offers some insights into the market's future trajectory: On DEXs, most native on-chain assets are traded against ETH. 2021 was a period of rapid growth for on-chain applications, with a surge in asset issuance leading to a large number of ETH trading pairs, a significant departure from the current cycle. Although ETH prices have returned to 2021 levels, the market's performance was clearly not driven by on-chain adoption. This cycle saw a significant decline in on-chain asset issuance and liquidity creation, as evidenced by the TVL data. This cycle's price increase is driven more by external factors (macroeconomic factors, ETFs, and policy influences). With DAT companies building strategic reserves as a primary driver, if they can drive capital back onto-chain and build on existing application innovations, the driving force behind the market will be even more diversified, potentially leading to further market growth. This is likely the key factor in determining how high the market can reach.