According to CoinDesk, cryptocurrency management company Bitwise stated in a report on Tuesday that Ethereum (ETH) seems to be less popular now, but its underperformance may reverse before the end of the year.

Bitwise pointed out that the price of Ethereum has not changed much since the beginning of the year, while Bitcoin (BTC) has risen by 38% and Solana's SOL has risen by 31%. The report states that the recent underperformance of Ethereum is due to risks related to the November US presidential election, increasing competition from Solana and other memory blockchains, a challenged token economy, and mixed reactions from the launch of US Ethereum spot exchange traded funds (ETFs).

However, the situation is not entirely pessimistic. Bitwise points out that the majority of stablecoins are issued on Ethereum, with over 60% of decentralized financial (DeFi) assets locked onto this blockchain, and the popular prediction market Polymarket also settles on this Layer 1 chain. Bitwise investment gains, Matt Hougan wrote:

Ethereum has the most active developers, active users, and a market value five times larger than its closest competitors

Hougan also stated that Ethereum is "like Microsoft in a memory blockchain," and everyone wants to talk about newer companies and their game changing technologies such as Google, Slack, and Zoom, "but Microsoft is still bigger than them combined.

The Bitwise report states that the challenge of Ethereum is not "life or death" and the market may re evaluate the cryptocurrency as the US election approaches, stating that "it looks like a potential reverse bet before the end of the year".

(责任编辑：个股)

• ·顶级天使投资人和 XRP 批评者分享他现在准备购买 XRP 的原因
• ·美财长贝森特回应穆迪下调美国信用评级：我不太相信穆迪
• ·进销存分录怎么做
• ·thedao是 什么
• ·比特币中国火币网
• ·10月31日国泰景气行业灵活配置混合净值增长1.02%，近6个月累计上涨24.05%
• ·Pro火币网
• ·杰瑞股份：签署伊拉克曼苏里亚项目25年合同
• ·购买进账单的工本费会计分录是什么
• ·vash币交易平台
• ·Eigenlayer：介绍“智能 DeFi”新范式，盘点 10 大潜在用例
• ·10月31日银河灵活配置混合A净值增长0.23%，近3个月累计上涨9.59%
• ·51人品贷支付宝认证失败是怎么回事？我在别的软件上认证都没问题啊。
• ·币多宝网交易平台
• ·闪银审核得多久呢？想从闪银快速申请一笔贷款。
• ·10月31日富国新活力灵活配置混合A净值增长1.70%，今年来累计上涨21.0%