Ether prices fell to under $2,200 at the start of January, losing 37% since Novemberโs all-time highs of over $4,800. Tokens of other layer 1, or base, blockchains fell similarly, with Solanaโs SOL losing 59% and Polkadotโs DOT losing 63% since November highs, CoinGecko data shows.
DeFi Options Protocols Suffered as Ether Fell to $2.1K
