Bitwise: Ethereum is like the 'Microsoft' in the memory blockchain, ETH's performance may improve by the end of the year
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:货币)
- ·火币借币
- ·KindlyMD、Nakamoto 和 Anchorage Digital 组建战略性比特币财政联盟
- ·汽车销售公司账务如何核算
- ·美丽的祝福在什么什么-美丽的祝福对吗
- ·Arbitrum 生態 DeFi 專案 DeltaPrime 因私鑰洩漏遭駭 600 萬鎂
- ·嘉兴商业贷款可以转公积金贷款吗?想要了解一下。
- ·etc火币网上线
- ·2025交易所排名_安全的五大币圈交易所排名盘点
- ·应征增值税销售额是什么意思
- ·bct币怎么玩
- ·xlm币种行情-xlm币价格今日行情
- ·币安交易平台app
- ·火币比特股
- ·狗狗币钱包无法打开
- ·台风犹如什么 如同什么-台风犹如什么如同什么
- ·鲸鱼休眠9个月后向Binance转入超20万枚LINK
- · 亿欧交易所下载
- · okx官方
- · 虚拟货币交易
- · 数字货币交易平台app
- · 虚拟货币交易平台排名
- · okx交易所app官网链接
- · 易欧app官网下载
- · 数字货币交易app
- · OK交易所官网入口登录
- · 欧亿交易所怎么样。