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:基金工具)
- ·10大虚拟币交易平台_usdt交易平台下载
- ·有人知道360借条利息是多少吗?高吗?
- ·俄羅斯主要銀行將被要求在明年 7 月前為客戶提供數位盧布交易管道
- ·法院支持 SEC:Green United 加密矿机欺诈骗局曝光,矿机交易实为证券
- ·南京公积金贷款额度计算公式是什么?我想算一下我的贷款额度。
- ·Zerebro联合创始人疑出售3555万枚代币获127万美元
- ·中国三大虚拟货币交易平台 中国三大虚拟货币交易平台是哪三个
- ·像打游戏一样投资加密,找到属于你的专注领域
- ·火币网借币
- ·火币网交易平台莱特币
- ·Web3 游戏如何提高品质?AAA工作室注重的5项关键点或是答案
- ·比特币2009价格
- ·年底应交税金结转分录怎么写
- ·ABCDE 投研合夥人:從一級市場視角談以太坊當前「困境」
- ·USDC Treasury在Solana新增铸造2.5亿枚USDC
- ·廊坊明天什么天气预报
- · 虚拟货币交易
- · 易欧app官网下载
- · 全球三大虚拟货币交易平台
- · okx交易所app官网链接
- · okx交易所app官网
- · 欧易开户
- · 虚拟货币交易平台有哪些
- · 0kx交易所官网
- · 欧易交易所 电脑
- · 数字货币交易app