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：基金专题)

• ·摊销保险费计入什么科目
• ·10月31日前海联合泓鑫混合A净值下跌0.30%，近1个月累计下跌2.15%
• ·十大交易所app_虚拟币排行榜20名 最新版
• ·10月31日华富量子生命力混合A净值增长0.55%，今年来累计上涨22.55%
• ·航天运输服务属于交通运输服务吗
• ·10月31日光大保德信国企改革股票A净值下跌0.54%，近1个月累计下跌4.04%
• ·向投资者宣告分配现金股利的会计分录
• ·10月31日国投瑞银港股通6个月定开股票净值下跌0.62%，近1个月累计下跌2.73%
• ·Zeus 通过 Cashu Ecash 集成重新定义比特币钱包的未来
• ·如何在安卓手机上下载并使用欧亿交易所？
• ·Coinbase 大规模漏洞背后的窃贼窃取加密货币并向链上侦探 ZachXBT 发起攻击
• ·10月31日平安匠心优选混合C净值增长0.06%，近3个月累计上涨16.29%
• ·以太坊要做「未来的结算层」，目标直指 RWA
• ·10月31日交银数据产业灵活配置混合C净值下跌0.45%，今年来累计下跌12.34%
• ·美国众议员与埃隆·马斯克的 Grok 发生冲突
• ·OKX电脑版下载安装与使用教程，全面指南