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Author Topic: What is the current state of Ethereum?  (Read 3088 times)

Offline EthereumDev_

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Re: What is the current state of Ethereum?
« Reply #30 on: February 26, 2024, 11:45:50 PM »
Indeed, Ethereum has an Ethereum 2.0 project that is still not finished and seems to have taken a very long journey because improving security is quite difficult because the developer wants to ensure that when carrying out this upgrade, there are no errors that might harm the developer or people who have Ethereum in their wallets.
Until the price of Ethereum is this expensive but there is no sign that Ethereum 2.0 has been launched, Ethereum transaction fees are still quite expensive and very different from several other altcoins which have cheap transaction fees, Ethereum developers are trying hard to address this problem and what we can do is still waiting for Ethereum 2.0 release.

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Re: What is the current state of Ethereum?
« Reply #30 on: February 26, 2024, 11:45:50 PM »

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Re: What is the current state of Ethereum?
« Reply #31 on: February 27, 2024, 06:25:36 AM »
Indeed, Ethereum has an Ethereum 2.0 project that is still not finished and seems to have taken a very long journey because improving security is quite difficult because the developer wants to ensure that when carrying out this upgrade, there are no errors that might harm the developer or people who have Ethereum in their wallets.
Until the price of Ethereum is this expensive but there is no sign that Ethereum 2.0 has been launched, Ethereum transaction fees are still quite expensive and very different from several other altcoins which have cheap transaction fees, Ethereum developers are trying hard to address this problem and what we can do is still waiting for Ethereum 2.0 release.

The old problem of ethereum funds has not yet been resolved, in fact we previously heard that ethereum 2.0 was a solution to reduce gas costs, but it turns out that up to now it is still expensive. If someone says the ethereum 2.0 project is not finished yet, when will it be finished? Investors suddenly abandoned ethereum and switched to other, cheaper platforms

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Re: What is the current state of Ethereum?
« Reply #32 on: February 29, 2024, 07:36:48 PM »
The old problem of ethereum funds has not yet been resolved, in fact we previously heard that ethereum 2.0 was a solution to reduce gas costs, but it turns out that up to now it is still expensive. If someone says the ethereum 2.0 project is not finished yet, when will it be finished? Investors suddenly abandoned ethereum and switched to other, cheaper platforms
Well, many people already know that this is a very classic problem, and Ethereum should have started to provide good development to overcome the problem of very high transaction fees. No one knows for sure when Ethereum 2.0 will be released, and if investors leave Ethereum, then it is already a risk. for those who underestimate transaction fees, which are still a major problem for Ethereum.

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Re: What is the current state of Ethereum?
« Reply #33 on: March 01, 2024, 09:16:02 AM »
The old problem of ethereum funds has not yet been resolved, in fact we previously heard that ethereum 2.0 was a solution to reduce gas costs, but it turns out that up to now it is still expensive. If someone says the ethereum 2.0 project is not finished yet, when will it be finished? Investors suddenly abandoned ethereum and switched to other, cheaper platforms
Well, many people already know that this is a very classic problem, and Ethereum should have started to provide good development to overcome the problem of very high transaction fees. No one knows for sure when Ethereum 2.0 will be released, and if investors leave Ethereum, then it is already a risk. for those who underestimate transaction fees, which are still a major problem for Ethereum.

classic problems that have not been resolved for years, high fuel costs. If ethereum is not the biggest platform, maybe binance smart chain or Solana will replace it. Ethereum remains in 2nd place, but look in the next few years, will someone overtake it?
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Re: What is the current state of Ethereum?
« Reply #34 on: March 05, 2024, 06:05:40 PM »
classic problems that have not been resolved for years, high fuel costs. If ethereum is not the biggest platform, maybe binance smart chain or Solana will replace it. Ethereum remains in 2nd place, but look in the next few years, will someone overtake it?
If Ethereum 2.0 is not launched immediately and provides a solution to the problems that occur on Ethereum then it will definitely shift Ethereum's position which is in second place on the Coinmarketcap standings, BNB will be the strongest candidate to shift Ethereum, Meanwhile for Solana it seems that it still needs a long process. very long because Solana's trading volume is still not enough to catch up with BNB and Ethereum.

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Re: What is the current state of Ethereum?
« Reply #35 on: March 08, 2024, 11:13:54 PM »
If Ethereum 2.0 is not launched immediately and provides a solution to the problems that occur on Ethereum then it will definitely shift Ethereum's position which is in second place on the Coinmarketcap standings, BNB will be the strongest candidate to shift Ethereum, Meanwhile for Solana it seems that it still needs a long process. very long because Solana's trading volume is still not enough to catch up with BNB and Ethereum.
Ethereum 2.0 is still in the development stage and there is no other way but to wait until the project is finished. As you said, if you don't want to use Ethereum which has the problem of high transaction fees then you can use other Altcoins such as BNB or Solana which have cheaper fees.

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Re: What is the current state of Ethereum?
« Reply #36 on: March 09, 2024, 11:17:55 AM »
If Ethereum 2.0 is not launched immediately and provides a solution to the problems that occur on Ethereum then it will definitely shift Ethereum's position which is in second place on the Coinmarketcap standings, BNB will be the strongest candidate to shift Ethereum, Meanwhile for Solana it seems that it still needs a long process. very long because Solana's trading volume is still not enough to catch up with BNB and Ethereum.
Ethereum 2.0 is still in the development stage and there is no other way but to wait until the project is finished. As you said, if you don't want to use Ethereum which has the problem of high transaction fees then you can use other Altcoins such as BNB or Solana which have cheaper fees.

Because it seems that up to now there is no solution to the gas fee problem from ethereum, and we know that ethereum 2.0 has been launched but is still in the development process. Many have switched to Binance smart chain and Solana. We will wait and see who will take over ethereum in the future. BNB or Solana.

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Re: What is the current state of Ethereum?
« Reply #36 on: March 09, 2024, 11:17:55 AM »


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Re: What is the current state of Ethereum?
« Reply #37 on: March 09, 2024, 11:08:46 PM »
Because it seems that up to now there is no solution to the gas fee problem from ethereum, and we know that ethereum 2.0 has been launched but is still in the development process. Many have switched to Binance smart chain and Solana. We will wait and see who will take over ethereum in the future. BNB or Solana.
Imagine if the price of Ethereum went to $10k, then how much gas would you have to pay to make transactions using the Ethereum network? That's why currently there are fewer and fewer Ethereum enthusiasts because the impact of gas fees is unreasonable and has not yet been immediately fixed by Ethereum developers.

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Re: What is the current state of Ethereum?
« Reply #38 on: March 10, 2024, 01:15:35 PM »
classic problems that have not been resolved for years, high fuel costs. If ethereum is not the biggest platform, maybe binance smart chain or Solana will replace it. Ethereum remains in 2nd place, but look in the next few years, will someone overtake it?
This is indeed a very classic problem, but never underestimate the small problems that can make traders not use Ethereum anymore. Currently, many altcoins have been created with very cheap transaction fees and very high speeds, so if this classic problem is not immediately solved This will make Ethereum users run to other altcoins that have friendlier fees.

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Re: What is the current state of Ethereum?
« Reply #39 on: March 10, 2024, 01:55:42 PM »

Imagine if the price of Ethereum went to $10k, then how much gas would you have to pay to make transactions using the Ethereum network? That's why currently there are fewer and fewer Ethereum enthusiasts because the impact of gas fees is unreasonable and has not yet been immediately fixed by Ethereum developers.

If we get high profits from buying ethereum at a cheap price and then it doubles, why are we still discussing high gas fees? because our profits are higher than the gas fee. Although gas fees are a major issue that is currently unresolved by the ethereum team.

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Re: What is the current state of Ethereum?
« Reply #40 on: March 10, 2024, 02:32:31 PM »
Many people say that everything relies on the Bitcoin Halving and this is the same as what you said and requires trillions of USD to be able to increase the market cap of the price of Ethereum coins.
How happy I would be if Ethereum actually touched the price of 4,000 USD because it would definitely have a positive effect on all cryptocurrencies, including the most vital one, the ERC20 token ecosystem.


Your happiness will come true, friend, look at the price of ETH today reaching 3900$, almost exceeding 4000$, and I think it's not only you who will be happy with the increase in the price of ETH because I will also feel the increase,
In my opinion, ETH is extraordinary, it can keep up with BTC, which is skyrocketing, unlike the previous year, which started to increase when BTC was halving.

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Re: What is the current state of Ethereum?
« Reply #41 on: March 12, 2024, 04:15:08 PM »
Your happiness will come true, friend, look at the price of ETH today reaching 3900$, almost exceeding 4000$, and I think it's not only you who will be happy with the increase in the price of ETH because I will also feel the increase,
In my opinion, ETH is extraordinary, it can keep up with BTC, which is skyrocketing, unlike the previous year, which started to increase when BTC was halving.
ETH had a very successful Q1 2024 and we had 1 ETH = $4K thanks to the momentum from Layer-2 + DenCun upgrade + expectations for ETH Spot ETF + LSD & LRD trends. Money is flowing into the Ethereum ecosystem, we can absolutely start talking about higher targeted prices for this year. I still believe that ETH will make a new ATH this year and can reach at least $11.5K in this cycle.

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Re: What is the current state of Ethereum?
« Reply #42 on: March 12, 2024, 11:41:41 PM »
ETH had a very successful Q1 2024 and we had 1 ETH = $4K thanks to the momentum from Layer-2 + DenCun upgrade + expectations for ETH Spot ETF + LSD & LRD trends. Money is flowing into the Ethereum ecosystem, we can absolutely start talking about higher targeted prices for this year. I still believe that ETH will make a new ATH this year and can reach at least $11.5K in this cycle.

ETH, there is no doubt about it. Even though currently, there are several projects that are its competitors, many of which are currently being discussed quite intensively with very significant progress, but that does not make Ethereum lag behind or be abandoned. The underlining is quite clear and the potential is still very high. We really understand how one of these old coins will continue to be one of the leading coins now and in the future. When it comes to price, I am also sure that ETH will pass the previous ATH sooner than we might think.

Like BTC, which passed ATH very quickly, before the halving. It's just a matter of how the ETH trigger will be, which will make us much more optimistic about the increase in ETH prices. And $11k for ETH? Great, I'm really waiting for this possibility.

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Re: What is the current state of Ethereum?
« Reply #43 on: March 13, 2024, 10:29:30 AM »
ETH, there is no doubt about it. Even though currently, there are several projects that are its competitors, many of which are currently being discussed quite intensively with very significant progress, but that does not make Ethereum lag behind or be abandoned. The underlining is quite clear and the potential is still very high. We really understand how one of these old coins will continue to be one of the leading coins now and in the future. When it comes to price, I am also sure that ETH will pass the previous ATH sooner than we might think.

Like BTC, which passed ATH very quickly, before the halving. It's just a matter of how the ETH trigger will be, which will make us much more optimistic about the increase in ETH prices. And $11k for ETH? Great, I'm really waiting for this possibility.
Yes, it's true that currently there are still many projects that use the Ethereum network, even ETFs also provide full support for Ethereum. In the next few months, Ethereum will probably become very expensive due to the influence of the ETF opening Ethereum trading so that a price of $11k may be easy to reach.

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Re: What is the current state of Ethereum?
« Reply #44 on: March 13, 2024, 01:12:05 PM »

Yes, it's true that currently there are still many projects that use the Ethereum network, even ETFs also provide full support for Ethereum. In the next few months, Ethereum will probably become very expensive due to the influence of the ETF opening Ethereum trading so that a price of $11k may be easy to reach.

Maybe now we think $11K is a high enough price to win ethereum. but if an ethereum ETF is approved, it will happen. The price of ethereum will skyrocket. So let's just wait, whether the ethereum ETF will be approved or will it be postponed.

 

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