ETH Stuck Below $2.4K Despite Wider Crypto Market Recovery

Key takeaways: A sharp fifty percent drop in exchange activity and decentralized application revenue is stalling Ether price growth. Institutional investor interest in Ether remains under pressure as major holders like Bitmine face billions in unrealized losses.  Ether (ETH) has failed to sustain levels above $2,400 for the past three months, consistently lagging behind most of its peers. Ether’s down 21% in 2026, and investors have expressed uncertainty about the altcoin’s inability to mirror the broader market recovery. Total crypto market capitalization vs. ETH, USD. Source: TradingView The total cryptocurrency…