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：经济数据)

• ·分配利润会计分录是什么
• ·欧亿apk安卓版v6.5.0下载地址-芝麻交易所交易所app下载安卓版2023
• ·什么什么猪游戏盒子
• ·上次该指标转为看涨时 以太坊价格上涨了 90%
• ·德克萨斯州比特币储备法案进入三读阶段
• ·以太坊上次牛市涨了多少倍？一文搞清楚！
• ·贵州属于什么什么热带-贵州属于什么什么热带地区
• ·王府井(600859.SH)已耗资8166.92万元回购610.50万股
• ·支付的各项税费包括哪些
• ·CME上线XRP期货合约，推动数字货币市场发展
• ·递延所得税负债会影响利润吗
• ·a16z领投Catena Labs1800万美元种子轮，加密行业押注稳定币AI支付
• ·BTC价格竞猜游戏
• ·公司刷信用卡怎么做会计分录
• ·火币网账户
• ·爱施德收盘涨10.01%，主力资金净流出3.99亿元