Ethereum continues to dominate the tokenized asset market, holding a 61% share representing approximately $200 billion on its mainnet as of March 2026. Despite this fundamental strength, ETH’s price is experiencing a corrective phase, trading near $2,350 and below key technical indicators. Meanwhile, the network’s monetary policy is shown to be significantly tighter than Bitcoin’s, with ETH’s supply growth rate five times lower.
Ethereum continues to assert its dominance in the tokenized assets space, capturing 61% of the market with around $200 billion settling on its mainnet. According to Leon Waidmann, Head of Research at Lisk, the network’s share has been steadily climbing since mid-2024.
The increase is a result of institutional demand, which favors Ethereum for its liquidity, security, and technology. This faith in Ethereum’s long-term utility persists despite recent market downturns.
From a technical perspective, ETH is experiencing a pullback following a strong run earlier. The price was rejected at the $3,700-$3,800 range and dropped sharply to touch the lower Bollinger Band near $1,640.
Currently, the price of ETH is trading at $2,350 and is stuck below major moving averages. The $2,580 level, coinciding with the 200-week EMA, is noted as a critical resistance point for a trend change.
The Relative Strength Index (RSI) is currently at about 41, and the MACD is negative, indicating downward momentum. Support levels are identified near $2,200-$2,300, with a deeper support zone around $1,600-$1,700.
Another point highlighted by Waidmann is Ethereum’s monetary policy, which is five times less inflationary than Bitcoin’s. Ethereum’s total supply growth is 0.24%, compared to Bitcoin’s 1.25%.
“This challenges the notion of Bitcoin as ‘sound money’ in the cryptocurrency sphere,” Waidmann noted. On the supply side, Ethereum’s tighter monetary policy helps reduce inflationary pressures.
