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:财经专题)
- ·宜人贷审核通过率高吗?贷款的条件是什么?
- ·Litentry (LIT)哪里可以买?Litentry (LIT)在哪些交易平台买?
- ·拍拍贷上征信吗?想要了解一下拍拍贷的情况。
- ·火币冻结
- ·家政保洁公司的账务怎么处理
- ·持有一只股票
- ·那些股票分红-那些股票分红高
- ·Ordinals (ORDI) 如果购买?Ordinals (ORDI) 上线了哪些交易所?
- ·空山什么后天气什么-空山什么后天气什么四字成语
- ·公开发行股票与非公开发行股票的区别是什么
- ·川普家族支持的 DeFi 專案證實發幣傳聞:沒有預售、不可轉讓、63% 公開銷售
- ·eos钻石DMD价格-dmd钻石币价格
- ·加密支付网关 Finassets 推出用户友好界面升级
- ·gxs是什么币种
- ·未来还有上涨空间?比特币创历史最高单日收盘价
- ·非流动资产基金是什么会计科目
- · 虚拟货币交易
- · okb交易所官网
- · 欧易正规
- · okx交易所app官网链接
- · 数字货币交易平台app
- · 欧亿交易所怎么样。
- · 虚拟货币交易平台排名
- · 欧易app官方下载入口
- · 全球三大虚拟货币交易平台
- · okcoin交易平台