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:汇率)
下一篇:比特币现在怎么交易
- ·OKX Chief Marketing Officer Haider: Unveiling the all-new upgrade of OKX Web3 wallet, which will bring infinite possibilities
- ·高盛 14 亿美元重仓 IBIT,领衔机构「抢筹」BTC ETF
- ·未来还有上涨空间?比特币创历史最高单日收盘价
- ·gxc价格今日行情
- ·股票送股好吗
- ·pivx是什么币
- ·2025 上海区块链国际周将于今秋 10 月再次启幕
- ·tde交易所
- ·火币期货
- ·2000万美元融资后陷内斗漩涡,Morph被曝「影子CEO」操控、团队撕裂
- ·什么大雨什么停了下来-什么大雨什么停了下来造句
- ·火币网怎么注销
- ·区块链电子钱包安卓
- ·2025全球虚拟币交易平台排名TOP榜 全球比特币平台TOP推荐
- ·股票如何复权
- ·门罗币当前价格
- · 数字货币交易所
- · 虚拟货币交易平台排名
- · 虚拟货币交易平台排名
- · okcoin交易平台
- · 加密货币交易所
- · 数字货币交易平台app
- · 全球三大虚拟货币交易平台
- · okx交易所app官网链接
- · 虚拟货币交易
- · 欧易app官方下载入口
- ·Bitwise CEO: Those who hate Ethereum will eventually discover that the Joker is themselves
- ·今日比特币交易深度
- ·巨鲸用户完成WBTC短期套利操作换得2044万美元USDT
- ·Tether CEO refutes Wall Street Journal allegations and reveals USDT reserve assets
- ·为什么向什么道歉-为什么向什么道歉英语
- ·status钱包
- ·冷钱包官方钱包-冷钱包官方钱包下载
- ·polkastarter交易所
- ·火币网bcc交易
- ·中邮战略新兴产业股票