Analysis: The decline in Ethereum's market capitalization share signals a structural shift in the market.

CoinFeed reported on May 25th that, according to BIT analysis, smart contract platforms were widely anticipated during the 2020-2021 bull market. The market once believed they could reshape some infrastructure and business processes in the traditional financial system. However, these high expectations failed to materialize, and Ethereum's market capitalization share in the digital asset ecosystem has continued to decline. Currently, Ethereum's market capitalization share has fallen below 10% again, shrinking by more than half compared to two years ago. This indicates a continued decline in ETH's relative position in the crypto market. This trend is cause for concern for investors with heavy ETH holdings. The continued decline in ETH's market capitalization share suggests that funds are flowing to other narratives or ecosystems. If this trend continues, ETH may continue to face pressure and remain relatively weak.