The total value locked (TVL) in DeFi protocols has decreased to 92.6 billion USD, losing gains since Trump’s election. Ethereum notably suffered a decline with around 800,000 ETH or 1.8 billion USD exiting exchanges.

Despite declines, some investors consider Ethereum’s current price a potential buying opportunity. The upcoming Pectra upgrade aims to improve layer 2 functionalities, although it faced initial setbacks during its rollout.