If history repeats, ADA/ETH could initially decline toward its 50-period exponential moving average (EMA) on the 2-week chart, currently near 0.0002363, down about 30% from the current levels.

However, should the selloff deepen beyond the 50-EMA, the next major downside target for 2020 lies near the descending trendline support — a level that has underpinned the pair’s broader downtrend since 2018.

As a result of this technical perspective, Cardano will likely underperform Ethereum in 2025 unless ADA/ETH breaks above the horizontal trendline resistance.

Ethereum appears to be regaining its dominance in decentralized finance (DeFi) as on-chain data for 2025 reveals a clear divergence in network performance compared to Cardano.

The surge comes as the U.S. government, under the Donald Trump administration, takes a more crypto-friendly stance, encouraging capital inflows into blockchain ecosystems—particularly stablecoins.

According to DeFiLlama, Ethereum’s total value locked (TVL) has rebounded sharply, surpassing 25 million ETH, a level not seen since early 2022. This upward momentum reflects renewed activity across Ethereum-based DeFi protocols, driven by stronger liquidity, institutional interest, and regulatory clarity.