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".
相关文章:
相关推荐:
- 安卓哪里下载meme币交易所 meme币交易所App官方
- 10月31日广发盛兴混合C净值下跌0.33%,近1个月累计上涨2.3%
- 瑞波币 XRP:现代曼哈顿房地产机会,有影响力的 X 用户如是说
- 10月31日汇添富稳健睿享一年持有混合D净值下跌0.16%,近1个月累计下跌0.64%
- 10月31日中欧生益稳健一年混合A净值下跌0.20%,近1个月累计下跌0.82%
- 10月31日创金合信产业臻选平衡混合A净值下跌1.02%,今年来累计下跌10.44%
- 无限币交易平台
- 10月31日富国资源精选混合发起式A净值下跌0.26%,近1个月累计下跌3.87%
- 10月31日富国稳进回报12个月持有期混合A净值下跌0.19%,近1个月累计下跌1.93%
- 150天,Binance Alpha改变了什么?