i think this can be traced back to bitcoin it is not really performing as a lot of people would have expected everyone expects it to surpass 70k usd but it’s already september and it is still down until now so im pretty sure that sets the tone for the rest of the other cryptocurrencies(https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=517/https://s3.cointelegraph.com/uploads/2024-09/0191be4b-d037-759d-a511-b9efa988fcb0)but right now things seems to be taking a different with Ethereum really underperforming compared to other assets in the market including crypto ones.
Do you agree with the factors stated above or you think that there can be more maybe behind the scene?us fed to cut interest rates might be a factor to why the market has been down and is expected to go down even more once it is officially announced what is confusing to me is why would it go down when famously when the interest rates are cut people turn to riskier investments like bitcoin which should boost its price
So we also know that when bitcoin price will down, than Ethereum price will be down. But when bitcoin price will high than Ethereum price will be reach in high level. So i believe that in very soon Ethereum price will increase gradually.
As of current market conditions ETH not moving as expected coz of investor found that after ETF of ETH fund not inflow as expected not that much as expected and also BTC correction also responsible for that.
Personally my view for next few month ETH can hit 4500 usdt by Nov 2024 end.
Although many may believe that the high fees of the Ethereum network are the reason for the failure of the network and the estrangement of projects from it, in reality it was a strong point for the network in that it was burned and thus contributed to making the ether deflationary.Adjusting the fees of the network can lead to more Ether inflation or deflation and depends on which will boost adoption of the network. The former is evident where Ethereum charges high fees thus it supports deflation and increases the value of Ether though this may limit the usage and innovation. On the other hand, reducing fees can lead to wider usage but at the same time can also lead to inflation of Ether supply and decrease price levels. It is never easy to strike this balance in order to maintain the health and progress of the Ethereum network.
With the reduction of fees, the amount of Eth burned will decrease and thus the supply will increase, which plays a role in the decrease in price, in addition to the set of factors mentioned above.
In fact, it is a double-edged problem in that the high fees lead to everyone staying away from using the network and the reduction of fees leads to the possibility of the Eth inflation.
Adjusting the fees of the network can lead to more Ether inflation or deflation and depends on which will boost adoption of the network. The former is evident where Ethereum charges high fees thus it supports deflation and increases the value of Ether though this may limit the usage and innovation. On the other hand, reducing fees can lead to wider usage but at the same time can also lead to inflation of Ether supply and decrease price levels. It is never easy to strike this balance in order to maintain the health and progress of the Ethereum network.
Its my question waiting for why ethereum price is underperforming recently after dropping under $2,300 and difficult break out any more to the higher price. Since bitcoin get dropped under $57k never seeing anymore with Ethereum success break out above $3k and have one month looking for Ethereum keep decreasing down.Honestly I see it seems like ethereum is struggling to break $3K, but we should not underestimate ethereum because it is still the king of altcoins. Right now I see ethereum back near $2,500 after bitcoin surged to $63K. and it is predictable that ethereum will be good above $2,500 this week. If bitcoin reaches $65K, ethereum will likely follow suit.
Today waiting what possibility in the future for Ethereum price will be success again break or keep stable under $3k before bitcoin recovering back to higher price, I see if bitcoin break out again to $60k seems possibility with Ethereum reach above $3k or waiting more longer time.
With this in mind, the current situation implies that it is necessary not only to look at the price but also the factors which determine the volatility of the cryptocurrencies in question. For example technological advancements, institutional endorsement or market information can significantly affect investors’ sentiment. This means that attention needs to be paid not just to the digits on the screen but what is happening behind the fluctuation in the price and how the coins are related with each other within the market.Its my question waiting for why ethereum price is underperforming recently after dropping under $2,300 and difficult break out any more to the higher price. Since bitcoin get dropped under $57k never seeing anymore with Ethereum success break out above $3k and have one month looking for Ethereum keep decreasing down.Honestly I see it seems like ethereum is struggling to break $3K, but we should not underestimate ethereum because it is still the king of altcoins. Right now I see ethereum back near $2,500 after bitcoin surged to $63K. and it is predictable that ethereum will be good above $2,500 this week. If bitcoin reaches $65K, ethereum will likely follow suit.
Today waiting what possibility in the future for Ethereum price will be success again break or keep stable under $3k before bitcoin recovering back to higher price, I see if bitcoin break out again to $60k seems possibility with Ethereum reach above $3k or waiting more longer time.
Its my question waiting for why ethereum price is underperforming recently after dropping under $2,300 and difficult break out any more to the higher price. Since bitcoin get dropped under $57k never seeing anymore with Ethereum success break out above $3k and have one month looking for Ethereum keep decreasing down.Honestly I see it seems like ethereum is struggling to break $3K, but we should not underestimate ethereum because it is still the king of altcoins. Right now I see ethereum back near $2,500 after bitcoin surged to $63K. and it is predictable that ethereum will be good above $2,500 this week. If bitcoin reaches $65K, ethereum will likely follow suit.
Today waiting what possibility in the future for Ethereum price will be success again break or keep stable under $3k before bitcoin recovering back to higher price, I see if bitcoin break out again to $60k seems possibility with Ethereum reach above $3k or waiting more longer time.
With the way things are happening with the price movements of ETH right now, I am sure it would be safe to say that it is very much linked to the things happening with BTC. In other words, up to now, there is still no decoupling between the two assets as they are acting like best friends where one goes so does the other.
I believe in ETH myself and I think that with BTC growing up, ETH will surely follow, thus investing in it is beneficial for sure.Bitcoin has increased quite a lot, but Ethereum is still far from its ATH. I think Ethereum doesn't fully follow the trend of Bitcoin price. If it follows it, Ethereum must already hit a new ATH because Bitcoin already hits a new ATH few months ago. However, I still believe in Ethereum because it is still the best altcoin. Many people still hold Ethereum, they don't want to sell Ethereum too early. I think we need to wait for until Q2 or Q3 of 2025 to see Ethereum price increasing high. We may have altcoin season in the next year.
Volatility won't be the issue if you will hold ETH for at least mid-term.
Honestly I see it seems like ethereum is struggling to break $3K, but we should not underestimate ethereum because it is still the king of altcoins. Right now I see ethereum back near $2,500 after bitcoin surged to $63K. and it is predictable that ethereum will be good above $2,500 this week. If bitcoin reaches $65K, ethereum will likely follow suit.
Since bitcoin break above $64k last few days ago, Ethereum show good progress although slowly after success recovering above $2,560 and seems not difficult break to $3k. I don't know how strong for Ethereum keep going up to higher price if bad possibility around few days later bitcoin will go down, have opportunity for ethereum keep stable in recently higher price or easily got correction and will dump under $2,300 after last weeks become most lower price.Ethereum price is around $2,600 today. yes, it looks like following the increase of Bitcoin price. But the increase isn't very significant as other altcoins, I agree that the increase is rather slowly. As far as I know, Ethereum is still the best altcoin, it should increase easily because many people supported Ethereum. Maybe there are some whales who try to keep the price of Ethereum lower. They need more time to collect more Ethereum.
Not really following with bitcoin price regarding slowly movement of ethereum until right now although bitcoin have been success increasing up few percent. Still difficult acceptable with ethereum price very difficult following wit bitcoin price movement usually few percent of bitcoin raise up have easily for Ethereum break to higher price. But in this month Ethereum have underperforming many time bitcoin huge recovery but Ethereum keep going slowly for breaking out higher price.Since bitcoin break above $64k last few days ago, Ethereum show good progress although slowly after success recovering above $2,560 and seems not difficult break to $3k. I don't know how strong for Ethereum keep going up to higher price if bad possibility around few days later bitcoin will go down, have opportunity for ethereum keep stable in recently higher price or easily got correction and will dump under $2,300 after last weeks become most lower price.Ethereum price is around $2,600 today. yes, it looks like following the increase of Bitcoin price. But the increase isn't very significant as other altcoins, I agree that the increase is rather slowly. As far as I know, Ethereum is still the best altcoin, it should increase easily because many people supported Ethereum. Maybe there are some whales who try to keep the price of Ethereum lower. They need more time to collect more Ethereum.
I think we don't doubt the capability of Ethereum. It is a great altcoin and it is owned by Vitalik Buterin who always tries to develop it. It is only about the time that Etheruem price will cross $3,000 again. Experts predicted it probably will reach $5,000. But it won't be in the near future, we must be patient to wait for few months.
Totally.
I believe in ETH myself and I think that with BTC growing up, ETH will surely follow, thus investing in it is beneficial for sure.
Volatility won't be the issue if you will hold ETH for at least mid-term.
Not really following with bitcoin price regarding slowly movement of ethereum until right now although bitcoin have been success increasing up few percent. Still difficult acceptable with ethereum price very difficult following wit bitcoin price movement usually few percent of bitcoin raise up have easily for Ethereum break to higher price. But in this month Ethereum have underperforming many time bitcoin huge recovery but Ethereum keep going slowly for breaking out higher price.I believe the primary reason for ETH's lack of significant growth is that we're still in a Bitseason, meaning capital flow is predominantly concentrated in BTC rather than being diverted to ALTS as we had anticipated. The continued success of BTC Spot ETFs, BTC price consistently holding above $60K, and the rising BTC.D are the most evident indicators of this trend.
Current ethereum price around $2,630 and looks not good progress yet after last several days ago success hit to $2,700 and very far away hit above $3k or make another new ATH as last time
As ETH is merely an ALTS, it cannot outperform BTC during this phase. Furthermore, ETH Spot ETFs are not particularly compelling to traditional investors at this juncture. Nevertheless, this could be perceived as a favorable opportunity for ETH enthusiasts to accumulate more ETH ahead of the next bull run. I am confident that capital cannot remain perpetually within BTC. Once this capital flow shifts towards ETH, we can anticipate a rapid surge in ETH price, culminating in a new ATH.I really think that ETH ETF will really have a lot of influence on the development of Ethereum's price. But it seems that it still requires struggle and other factors. What is certain is that what makes us remain confident in investing in ETH and remain confident that it will reach a new ATH that is much bigger, yes, because it is ETH, Ethereum.
The real factor is the decrease in number of transactions.The decrease of the transactions can be caused by the high transfer fees. The expensive gas fees is one of the big problem in Ethereum network, this leads to many new networks in crypto. Because of the expensive fees, many people prefer to choose Tron, Solana, or Polygon networks.
I see ethereum making moves but there must be something unique for people to come again. Look at Solana for instance, a lot of people are there because of the meme and the developers didn't sleep on that, they made it condussive for the community and everyone is cheating other with that to make money. ;D Jumping from one meme to another.The developers choose Solana or Ton because it doesn't require big fees. Meanwhile Ethereum requires big fees for any transaction. I can understand if people move to Solana and Ton platforms. Meme coins become trending nowadays, that's the reason Solana and Ton be more popular.
Ethereum gas fee is currently low and it seems like ethereum dev has solved the problem, although ethereum growth seems to be not as good as other currently hyped networks like TON and also solana. But ethereum is still the most secure network, in my opinion.Totally.
I believe in ETH myself and I think that with BTC growing up, ETH will surely follow, thus investing in it is beneficial for sure.
Volatility won't be the issue if you will hold ETH for at least mid-term.
I have checked the yearly growth of Ethereum and there hasn't been any tangible trend apart from layer this and that, the ethereum gas fee that was speculated sometimes ago, people realized that it was because the activity has reduced due to Defi activities and not because of what the community where using as bait. The real factor is the decrease in number of transactions.
I see ethereum making moves but there must be something unique for people to come again. Look at Solana for instance, a lot of people are there because of the meme and the developers didn't sleep on that, they made it condussive for the community and everyone is cheating other with that to make money. ;D Jumping from one meme to another.
But ethereum is still the most secure network, in my opinion.
of course someone will choose ethereum as an option for investing in altcoins. because the results are definitely promising where ethereum continues to be at the top of the altcoin rankings. and ethereum also tends to be more stable than SOL and doge coins. and ethereum has been proven to provide many benefits for its investors
Indeed, at the present, Ethereum gas fees have never been cheaper, with the help of factors like Ethereum 2.0 or layer-2 solutions. But Solana and TON remain competitors since they are capable of performing transactions in less time compared to Ethereum, and their fee rates are also much more affordable. But still, Ethereum has the upper hand in security and reliability which have been proved as years passed by, also the ecosystem is comparatively stronger. Yes, popularity of new networks is very important; especially where there is hype on certain project or certain coin but the strength of Ethereum from crypto industries’ perspective lies on stability and security. Keeping pace with innovation and improving the user experience is going to be a large challenge and opportunity for Ethereum in the future.Ethereum gas fee is currently low and it seems like ethereum dev has solved the problem, although ethereum growth seems to be not as good as other currently hyped networks like TON and also solana. But ethereum is still the most secure network, in my opinion.Totally.
I believe in ETH myself and I think that with BTC growing up, ETH will surely follow, thus investing in it is beneficial for sure.
Volatility won't be the issue if you will hold ETH for at least mid-term.
I have checked the yearly growth of Ethereum and there hasn't been any tangible trend apart from layer this and that, the ethereum gas fee that was speculated sometimes ago, people realized that it was because the activity has reduced due to Defi activities and not because of what the community where using as bait. The real factor is the decrease in number of transactions.
I see ethereum making moves but there must be something unique for people to come again. Look at Solana for instance, a lot of people are there because of the meme and the developers didn't sleep on that, they made it condussive for the community and everyone is cheating other with that to make money. ;D Jumping from one meme to another.
Everything has its time, because usually new networks will be more popular and currently meme coins on solana and TON are hyped.
Ethereum gas fee is still expensive in my opinion, and ethereum dev should find a solution to this problem soon. Because Solana, TON and BNB are much cheaper, even though ethereum is the most secure and most popular. But if competitors start to increase their security and popularity, ethereum will be defeated one day.
Indeed, at the present, Ethereum gas fees have never been cheaper, with the help of factors like Ethereum 2.0 or layer-2 solutions. But Solana and TON remain competitors since they are capable of performing transactions in less time compared to Ethereum, and their fee rates are also much more affordable. But still, Ethereum has the upper hand in security and reliability which have been proved as years passed by, also the ecosystem is comparatively stronger. Yes, popularity of new networks is very important; especially where there is hype on certain project or certain coin but the strength of Ethereum from crypto industries’ perspective lies on stability and security. Keeping pace with innovation and improving the user experience is going to be a large challenge and opportunity for Ethereum in the future.
Ethereum gas fee is still expensive in my opinion, and ethereum dev should find a solution to this problem soon. Because Solana, TON and BNB are much cheaper, even though ethereum is the most secure and most popular. But if competitors start to increase their security and popularity, ethereum will be defeated one day.
Indeed, at the present, Ethereum gas fees have never been cheaper, with the help of factors like Ethereum 2.0 or layer-2 solutions. But Solana and TON remain competitors since they are capable of performing transactions in less time compared to Ethereum, and their fee rates are also much more affordable. But still, Ethereum has the upper hand in security and reliability which have been proved as years passed by, also the ecosystem is comparatively stronger. Yes, popularity of new networks is very important; especially where there is hype on certain project or certain coin but the strength of Ethereum from crypto industries’ perspective lies on stability and security. Keeping pace with innovation and improving the user experience is going to be a large challenge and opportunity for Ethereum in the future.
Ethereum gas fee is still expensive in my opinion, and ethereum dev should find a solution to this problem soon. Because Solana, TON and BNB are much cheaper, even though ethereum is the most secure and most popular. But if competitors start to increase their security and popularity, ethereum will be defeated one day.Right now, Ethereum decentralization is being severely compromised as holders tend to deposit their ETH and stake in protocols such as Lido and Rocketpool. The Ethereum Foundation has proposed many solutions to encourage solo staking but has yet to succeed because holders have no desire to stake independently. They want something simpler and more convenient, and they don't want to sacrifice the liquidity of their ETH.
Transaction fees on Ethereum are no longer an issue as users who want to experience Ethereum security can turn to Layer-2s such as Arbitrum and Optimism with fees hundreds of times cheaper than Layer-1. Ethereum and its Layer-2s vast ecosystem will still easily attract users and investors. In fact, it's even more attractive than Solana and Ton because investors want to make a profit, not just save on transaction fees ^^
There are a lot of perspective s of the reasons for the under performance of Ethereum however if you are looking at the bigger picture from an economic view, you'll find out that Ethereum is literally supposed to do better in both price and adoption as to closest altcoin to bitcoin however it doesn't seem to be up to expectations because of the nature of its supply.Transaction fees on Ethereum are no longer an issue as users who want to experience Ethereum security can turn to Layer-2s such as Arbitrum and Optimism with fees hundreds of times cheaper than Layer-1. Ethereum and its Layer-2s vast ecosystem will still easily attract users and investors. In fact, it's even more attractive than Solana and Ton because investors want to make a profit, not just save on transaction fees ^^
Yeah, I do agree, although these chains do have different fees and other notable details, ETH is a reliable source of new projects, albeit usually that are on the L2-side of the spectrum. Overall, the scalability of it remains unmatched.
Yes, ethereum does not show good movement, maybe because the supply of ethereum is too large so that the price does not match our expectations. Many people hope that the price of ethereum will soon reach $ 3K or $ 4K but it turns out that ethereum seems to have difficulty breaking through $ 3K again.
There are a lot of perspective s of the reasons for the under performance of Ethereum however if you are looking at the bigger picture from an economic view, you'll find out that Ethereum is literally supposed to do better in both price and adoption as to closest altcoin to bitcoin however it doesn't seem to be up to expectations because of the nature of its supply.
The Ethereum network has unlimited supply and based on my understanding of economics that's a problem too. Also looking at fees , Ethereum network has pretty high fees and I'm not 100% sure the reason why but I believe in it's part of the reason it's adoption isn't growing much.
If we hear that others moan that gas fees on Ethereum are too high, then the answer is to look for other options on how to load the network. Additionally, we can use future Layer 2 solutions, including Optimism or Arbitrum; all of this can be done without moving into a different ecosystem. Other cheaper platforms that can also be used occasionally for SBI include, for example, Solana or BNB, while tracking the updates on Ethereum at the same time, including the one that are being developed that didn’t make made it to the list, for instance. By being able to select the best platform depending on our needs we are able to remain active in the crypto industry while not having to spend too much money.Ethereum gas fee is still expensive in my opinion, and ethereum dev should find a solution to this problem soon. Because Solana, TON and BNB are much cheaper, even though ethereum is the most secure and most popular. But if competitors start to increase their security and popularity, ethereum will be defeated one day.
Indeed, at the present, Ethereum gas fees have never been cheaper, with the help of factors like Ethereum 2.0 or layer-2 solutions. But Solana and TON remain competitors since they are capable of performing transactions in less time compared to Ethereum, and their fee rates are also much more affordable. But still, Ethereum has the upper hand in security and reliability which have been proved as years passed by, also the ecosystem is comparatively stronger. Yes, popularity of new networks is very important; especially where there is hype on certain project or certain coin but the strength of Ethereum from crypto industries’ perspective lies on stability and security. Keeping pace with innovation and improving the user experience is going to be a large challenge and opportunity for Ethereum in the future.
Well, Some issues regarding the higher gas fees that Ethereum has as compared to some of the new-gen networks such as Solana or BNB are discussed, but then again one needs to understand why those fees persuade exist. To keep millions of users’ funds secure and process thousands of transactions daily, Ethereum has thousands of nodes distributed worldwide, which, of course, consumes more computational resources and costs more than other networks that can be less decentralized or secure to decrease expenses. According to data, Ethereum has been trying to work on scalability, in form of Ethereum 2.0 and layer 2 solutions such as Optimism and Arbitrum, which reduces the price of transactions while ensuring security. Considering this potential development, Ethereum is everything pursuing the middle ground where security and cost would be achieved so that Ethereum can become more profitable without compromising quality.Ethereum gas fee is still expensive in my opinion, and ethereum dev should find a solution to this problem soon. Because Solana, TON and BNB are much cheaper, even though ethereum is the most secure and most popular. But if competitors start to increase their security and popularity, ethereum will be defeated one day.
Indeed, at the present, Ethereum gas fees have never been cheaper, with the help of factors like Ethereum 2.0 or layer-2 solutions. But Solana and TON remain competitors since they are capable of performing transactions in less time compared to Ethereum, and their fee rates are also much more affordable. But still, Ethereum has the upper hand in security and reliability which have been proved as years passed by, also the ecosystem is comparatively stronger. Yes, popularity of new networks is very important; especially where there is hype on certain project or certain coin but the strength of Ethereum from crypto industries’ perspective lies on stability and security. Keeping pace with innovation and improving the user experience is going to be a large challenge and opportunity for Ethereum in the future.
There is some truth to that, because if the performance of cryptocurrencies is lackluster then it will cause crypto marketing to decline, and if Bitcoin goes down ETH will also experience a decline, and vice versa, because remember that ETH is the biggest crypto asset after Bitcoin.
There is some truth to that, because if the performance of cryptocurrencies is lackluster then it will cause crypto marketing to decline, and if Bitcoin goes down ETH will also experience a decline, and vice versa, because remember that ETH is the biggest crypto asset after Bitcoin.
ethereum price is nearing $3k after bitcoin hit a new ATH of $76K. Ethereum has the potential to go higher if bitcoin remains relatively stable at $75K and above for a long time.There is some truth to that, because if the performance of cryptocurrencies is lackluster then it will cause crypto marketing to decline, and if Bitcoin goes down ETH will also experience a decline, and vice versa, because remember that ETH is the biggest crypto asset after Bitcoin.
Over the years, Bitcoin has always take Ethereum by its side but there was alot of misconception in the community like the team selling some of their Ether but Vitalik denied it that it was for donations and he don't purposely send out ethereum from his wallet without any reason because if he has that plan, it would have been from the foundation wallets.
It's still not bad, anytime Bitcoin has its party time Ethereum always follow later and now it's almost entering 3k, it's break that resistance rest assure ethereum run up in this bull run definitely.
ethereum price is nearing $3k after bitcoin hit a new ATH of $76K. Ethereum has the potential to go higher if bitcoin remains relatively stable at $75K and above for a long time.Ethereum's price movement really follows Bitcoin's price movement. It's just that, indeed, Ethereum's price does not rise as fast as BTC, and conversely, its price decline or correction is usually not that drastic. Its movement can be said to be slower than some other altcoins which are known to experience a very significant and fast increase process. ETH is probably slow, but sure. Yes, because who doubts ETH. However, I am sure there are many people who remain loyal to ETH and make it one of the coins that we hold for the long term, for the peak of the bullish era later.
ethereum remains the second choice coin after bitcoin for long term investment, and we can buy BNB and Solanan to diversify
We know that ethereum is the second position crypto in cryptocurrency market. We also know that ethereum is also most valuable crypto in cryptocurrency world. But unfortunately we saw that ethereum prices is underperforming position in this moment. Because we know that bitcoin price is very low down in this moment. So we also know that when bitcoin price will down, than ethereum price will be down. But when bitcoin price will high than ethereum price will be reach in high level. So i believe that in very soon ethereum price will increase gradually.Yes we know that Ethereum is the second largest altcoin in cryptocurrency after Bitcoin. And I also think that Ethereum is a very valuable coin. But at the moment Ethereum has not changed much in price despite being the most valuable coin and the second largest cryptocurrency. We all thought that when the Bitcoin market rose, Ethereum and its price would change a lot, but it was the complete opposite of what we thought. At the moment, Bitcoin crossed the all-time high of $93,000, but Ethereum did not change its price much. At the moment Ethereum has made its highest price improvement at $3442. Ethereum is going down with Bitcoin price but Ethereum is not going up much when Bitcoin is going up. But I don't know if it will increase in the future, I'm very disappointed myself at the moment because I invested completely by buying an Ethereum. My investment is not very successful. If I had invested in Bitcoin instead of buying Ethereum, my investment would have more than tripled today.
I think Ethereum's achievement at a price of more than $ 3K is already good because previously Ethereum seemed to struggle and had difficulty in rising above the price of $ 3K.We know that ethereum is the second position crypto in cryptocurrency market. We also know that ethereum is also most valuable crypto in cryptocurrency world. But unfortunately we saw that ethereum prices is underperforming position in this moment. Because we know that bitcoin price is very low down in this moment. So we also know that when bitcoin price will down, than ethereum price will be down. But when bitcoin price will high than ethereum price will be reach in high level. So i believe that in very soon ethereum price will increase gradually.Yes we know that Ethereum is the second largest altcoin in cryptocurrency after Bitcoin. And I also think that Ethereum is a very valuable coin. But at the moment Ethereum has not changed much in price despite being the most valuable coin and the second largest cryptocurrency. We all thought that when the Bitcoin market rose, Ethereum and its price would change a lot, but it was the complete opposite of what we thought. At the moment, Bitcoin crossed the all-time high of $93,000, but Ethereum did not change its price much. At the moment Ethereum has made its highest price improvement at $3442. Ethereum is going down with Bitcoin price but Ethereum is not going up much when Bitcoin is going up. But I don't know if it will increase in the future, I'm very disappointed myself at the moment because I invested completely by buying an Ethereum. My investment is not very successful. If I had invested in Bitcoin instead of buying Ethereum, my investment would have more than tripled today.
I think Ethereum's achievement at a price of more than $ 3K is already good because previously Ethereum seemed to struggle and had difficulty in rising above the price of $ 3K.We know that ethereum is the second position crypto in cryptocurrency market. We also know that ethereum is also most valuable crypto in cryptocurrency world. But unfortunately we saw that ethereum prices is underperforming position in this moment. Because we know that bitcoin price is very low down in this moment. So we also know that when bitcoin price will down, than ethereum price will be down. But when bitcoin price will high than ethereum price will be reach in high level. So i believe that in very soon ethereum price will increase gradually.Yes we know that Ethereum is the second largest altcoin in cryptocurrency after Bitcoin. And I also think that Ethereum is a very valuable coin. But at the moment Ethereum has not changed much in price despite being the most valuable coin and the second largest cryptocurrency. We all thought that when the Bitcoin market rose, Ethereum and its price would change a lot, but it was the complete opposite of what we thought. At the moment, Bitcoin crossed the all-time high of $93,000, but Ethereum did not change its price much. At the moment Ethereum has made its highest price improvement at $3442. Ethereum is going down with Bitcoin price but Ethereum is not going up much when Bitcoin is going up. But I don't know if it will increase in the future, I'm very disappointed myself at the moment because I invested completely by buying an Ethereum. My investment is not very successful. If I had invested in Bitcoin instead of buying Ethereum, my investment would have more than tripled today.
In observing the market, we must be observant and understand the character of the crypto market, because Ethereum also has a problem with gas fees that are too expensive.
I still have confidence that the price of Ethereum will rise next year and reach $ 5K, that's according to my predictions and analysis in observing the market.
I think Ethereum's achievement at a price of more than $ 3K is already good because previously Ethereum seemed to struggle and had difficulty in rising above the price of $ 3K.For now, the price of ETH is trying to be at a rate above $ 3k. and this makes us increasingly believe that the next target is the new ATH. it's just that, maybe it will wait for the altcoin season first, or even before the altcoin season. this is all thanks to Ethereum's habit of following BTC price movements, although it may not be that significant, but at least the movement of the ETH price is quite influential for the progress and increase of ETH as well. that's why, we are still sure that ETH will print a new ATH even much more than we thought before at what rate.
Even for the past few days, the price of Ethereum has always been above $3k. This proves that the uptrend is still continuing and there are no signs of correction. If you expect the price of ETH to drop below $3k first, it might be a little more difficult. Especially if you look at the current market scheme, it has started a bullrun and altcoin seasons might start soon.I think Ethereum's achievement at a price of more than $ 3K is already good because previously Ethereum seemed to struggle and had difficulty in rising above the price of $ 3K.For now, the price of ETH is trying to be at a rate above $ 3k. and this makes us increasingly believe that the next target is the new ATH. it's just that, maybe it will wait for the altcoin season first, or even before the altcoin season. this is all thanks to Ethereum's habit of following BTC price movements, although it may not be that significant, but at least the movement of the ETH price is quite influential for the progress and increase of ETH as well. that's why, we are still sure that ETH will print a new ATH even much more than we thought before at what rate.
Even for the past few days, the price of Ethereum has always been above $3k. This proves that the uptrend is still continuing and there are no signs of correction. If you expect the price of ETH to drop below $3k first, it might be a little more difficult. Especially if you look at the current market scheme, it has started a bullrun and altcoin seasons might start soon.For me, it's underperforming in terms of price increase. I respect your opinion but just by comparing Bitcoin and Ethereum's price movement in the past few weeks, we saw that Bitcoin has reached ATH after ATH after ATH while Ethereum on one hand, is still sitting on the $3,000 price range. Yes, there's an increase, but not as high as what many are expecting. Altcoin season not started yet? Probably, and we could see an increase in the price of Ethereum on the upcoming weeks, or we might not.
Therefore, we have no choice but to follow Ethereum's movement. Initially, I also hoped that the price of ETH could drop for a moment so that I could take it at a price below $3k, but if you look at the price development, it seems that it will be more difficult to happen during this uptrend race.
For me, it's underperforming in terms of price increase. I respect your opinion but just by comparing Bitcoin and Ethereum's price movement in the past few weeks, we saw that Bitcoin has reached ATH after ATH after ATH while Ethereum on one hand, is still sitting on the $3,000 price range. Yes, there's an increase, but not as high as what many are expecting. Altcoin season not started yet? Probably, and we could see an increase in the price of Ethereum on the upcoming weeks, or we might not.
I still have ETH in my wallet but it is not a loss because I bought it at a low price. But I agree with you that keeping bitcoin is the right and safer choice because the movement of bitcoin after the US presidential election was quite impressive and we see that the price of bitcoin has reached ATH $93K. But investing in some potential coins like bitcoin, ethereu, BNB and Solanan is the best choice we can do.For me, it's underperforming in terms of price increase. I respect your opinion but just by comparing Bitcoin and Ethereum's price movement in the past few weeks, we saw that Bitcoin has reached ATH after ATH after ATH while Ethereum on one hand, is still sitting on the $3,000 price range. Yes, there's an increase, but not as high as what many are expecting. Altcoin season not started yet? Probably, and we could see an increase in the price of Ethereum on the upcoming weeks, or we might not.
And even if there would be a bull run for altcoins, it wouldn't change the fact that till this point you would have been better holding btc, then fiat and then ETH from the previous bull run.
From its peak in December 2021, ETH has fallen against Bitcoin from parity of 0.085 to 0.034, it's close to losing 300% against BTC, no matter how fans try to sugarcoat it, keeping any money in ETH over BTC since 2021 was a loss.
I think the answer is very clear. Ethereum is underperforming because right now all the attention is on Bitcoin. We must remember Trump's words and promises (the move has turned out well) about Bitcoin and cryptocurrencies, and they are being effective at least in terms of popularity and increase in economic value.There are many reasons why Ethereum seems to be under performing . The whole crypto market has been in a bull run for quite a long time now and bitcoin has been the pioneer of this bullish momentum. Ethereum being the largest altcoin or rather second largest cryptocurrency in the crypto space is expected to have made a very huge progress like that of Bitcoin.
It seems that investors have switched to other altcoins and left Ethereum because we see that Ethereum's high gas fee is always a complaint of many investors. The large supply makes the price of Ethereum unable to rise as high as Bitcoin. And there may be many other reasons why Ethereum does not have a good movement following Bitcoin which has reached ATH $ 93K.I think the answer is very clear. Ethereum is underperforming because right now all the attention is on Bitcoin. We must remember Trump's words and promises (the move has turned out well) about Bitcoin and cryptocurrencies, and they are being effective at least in terms of popularity and increase in economic value.There are many reasons why Ethereum seems to be under performing . The whole crypto market has been in a bull run for quite a long time now and bitcoin has been the pioneer of this bullish momentum. Ethereum being the largest altcoin or rather second largest cryptocurrency in the crypto space is expected to have made a very huge progress like that of Bitcoin.
Gradually it seems like adoption is drifting away from ethereum. I may not be right about that though based on past behavior of ethereum during the very first Of its lunch, it's expected to have gotten to over $10k by now. Like I always say ethereum is being retarded by problem of infinite supply.
It seems that investors have switched to other altcoins and left Ethereum because we see that Ethereum's high gas fee is always a complaint of many investors. The large supply makes the price of Ethereum unable to rise as high as Bitcoin. And there may be many other reasons why Ethereum does not have a good movement following Bitcoin which has reached ATH $ 93K.Its not just the gas fee there lots of things that affects the ETH price that is why it couldn't rise even BTC is performing well.
I believe that you could express a best comment in your post, so I am also agree with your comment. We also know that Ethereum is the second level profitable crypto in cryptocurrency world. But we also saw that Ethereum fees is very high then others crypto currency in crypto currency market. So I think it will be very unexpected for us. But if we follow in bitcoin, we can see that bitcoin gas fees are reduce than Ethereum. So I believe that within a short time this problem will be solve.It seems that investors have switched to other altcoins and left Ethereum because we see that Ethereum's high gas fee is always a complaint of many investors. The large supply makes the price of Ethereum unable to rise as high as Bitcoin. And there may be many other reasons why Ethereum does not have a good movement following Bitcoin which has reached ATH $ 93K.Its not just the gas fee there lots of things that affects the ETH price that is why it couldn't rise even BTC is performing well.
The other reason it doesn't increase because there are less activity on ETH I don't heard any new project about ETH and most of investors are looking for active coins that they know they are going to gain much profit than ETH.
Another reason is that its not altcoin season yet if this day come I am sure ETH will be perform better than the other altcoins.
I still have ETH in my wallet but it is not a loss because I bought it at a low price.
Gradually it seems like adoption is drifting away from ethereum. I may not be right about that though based on past behavior of ethereum during the very first Of its lunch, it's expected to have gotten to over $10k by now. Like I always say ethereum is being retarded by problem of infinite supply.
So what are the factors that create this situation of Ethereum? Some market participants may attribute the lackluster performance of cryptocurrencies to traditional financial market conditions (https://cointelegraph.com/news/why-is-ethereum-eth-price-underperforming-compared-to-the-wider-crypto-market), but Ether is also facing its own set of challenges, including lower network fees, unappealing staking rewards and weak demand for its recently launched spot exchange-traded fund (ETF) products. Therefore, it’s worth exploring whether these factors will continue to drive Ether’s price down in the future.ETH is not going to go down even at that time I would say the same because ETH was really low at that time even after the approval of ETFs and it was low because most of the investors wanted to buy BTC from a long time and they bought it over ETH or the delay between ETH and BTC ETFs approval was big that they invested most of their assets in BTC ETFs with a mindset.
Do you agree with the factors stated above or you think that there can be more maybe behind the scene?
If you say ETH is still underperforming because it has not been able to follow the rate of increase in the price of bitcoin, I think you are right, because I also observe it like that. Ethereum seems to have difficulty approaching its ATH even though the Ethereum ETF has been approved and the current price of bitcoin has reached a new ATH of around $ 94K. Ethereum is still the second on CMC but I personally prefer to invest in solana and BNB, because seeing the performance of these two coins, I think they are better than ethereum. but all decisions are in your hands. for those who still have confidence and good analysis with ethereum, they will continue to add to their ethereum collection in their wallet and hold it until next year.So what are the factors that create this situation of Ethereum? Some market participants may attribute the lackluster performance of cryptocurrencies to traditional financial market conditions (https://cointelegraph.com/news/why-is-ethereum-eth-price-underperforming-compared-to-the-wider-crypto-market), but Ether is also facing its own set of challenges, including lower network fees, unappealing staking rewards and weak demand for its recently launched spot exchange-traded fund (ETF) products. Therefore, it’s worth exploring whether these factors will continue to drive Ether’s price down in the future.ETH is not going to go down even at that time I would say the same because ETH was really low at that time even after the approval of ETFs and it was low because most of the investors wanted to buy BTC from a long time and they bought it over ETH or the delay between ETH and BTC ETFs approval was big that they invested most of their assets in BTC ETFs with a mindset.
Do you agree with the factors stated above or you think that there can be more maybe behind the scene?
ETH is still underperforming and when it rally will start it will shoot right up and make investors money. It's a patience game so we should keep patience and wait for its rally.
Doge has infinite supply and is doing just fine, the problem with ETH is far simpler, the hype is gone, there are other shiny new things that want to take its place and after that, there will be other shinny things to replace those, that's what alts are, no matter how bug.It seems you didn't get my point properly. The idea isn't that it's the only factor contributing to the retarded growth of Ethereum rather, it's actually part of those factors. Doge may be doing fine right now but the question is how long is it going to happen. Before now let's not discard the fact that doge wasn't doing too good till this recent pump when Elon decided to pump the coin.
the main factor that determines the price increase is demand and supply, but there are other factors as you mentioned. For example, Elon Musk supports Doge which makes the price of Doge rise high.Doge has infinite supply and is doing just fine, the problem with ETH is far simpler, the hype is gone, there are other shiny new things that want to take its place and after that, there will be other shinny things to replace those, that's what alts are, no matter how bug.It seems you didn't get my point properly. The idea isn't that it's the only factor contributing to the retarded growth of Ethereum rather, it's actually part of those factors. Doge may be doing fine right now but the question is how long is it going to happen. Before now let's not discard the fact that doge wasn't doing too good till this recent pump when Elon decided to pump the coin.
The simple economics is unlimited or infinite supply has many negative effects on the network. Demand and supply have a huge role to play in both price and market cap of the network. We both know that adoption rate is at its peak when price too is at its peak.
the main factor that determines the price increase is demand and supply, but there are other factors as you mentioned. For example, Elon Musk supports Doge which makes the price of Doge rise high.Doge has infinite supply and is doing just fine, the problem with ETH is far simpler, the hype is gone, there are other shiny new things that want to take its place and after that, there will be other shinny things to replace those, that's what alts are, no matter how bug.It seems you didn't get my point properly. The idea isn't that it's the only factor contributing to the retarded growth of Ethereum rather, it's actually part of those factors. Doge may be doing fine right now but the question is how long is it going to happen. Before now let's not discard the fact that doge wasn't doing too good till this recent pump when Elon decided to pump the coin.
The simple economics is unlimited or infinite supply has many negative effects on the network. Demand and supply have a huge role to play in both price and market cap of the network. We both know that adoption rate is at its peak when price too is at its peak.
Forget about Elon Musk, for me his time as a influencer in crypto market has died down already.Forget Elon? Elon is a billionaire and it wouldn't cost him much to pump a coin like doge. With a couple millions of dollars Elon could buy so much doge just to pump it's price. Even if Doge should pump to $10 very soon, it's still not up to the level of Ethereum.
For Ethereum, it might have been affected by it's shift of algorithm, but now it is moved past it's biggest psychological barrier which is $3000 so I guess it's already good for it's investors and we can say that it's not under-performing, but still way below it's previous ATH.
All i could just say concerning this is that we should wait for the market season for altcoins to come before we can see if they all are going to perform together or not, ethereum is not performing well now is a simple indication that the market is preparing down for when it will further strike for all time high, this does not have to be together with the bitcoin season or bullrun.My analysis is also like that seeing ethereum seems to be straggling and having difficulty approaching its ATH, it is likely that after bitcoin reaches its highest point this year we will see a correction. because some top coins are still far from their ATH, what I see is only solanan that has reached ATH because solana's popularity is currently very high.
My analysis is also like that seeing ethereum seems to be straggling and having difficulty approaching its ATH, it is likely that after bitcoin reaches its highest point this year we will see a correction. because some top coins are still far from their ATH, what I see is only solanan that has reached ATH because solana's popularity is currently very high.Rarely do investors expect these movements within the markets, particularly when the major tokens cannot achieve their milestones. What we get to see in such patterns is how to assess the prospects of other coins which might have a better lot in the near future. The rise of assets such as Solana could be a sign that the market is always on the hunt for a project that holds interesting innovation. But at the same time one should remember that several shifts in market conditions can occur at any given time and an investor thus needs to be prepared and work towards the achievement of a decent diversification ratio.
Maybe when OP was writing this topic, the price of Ethereum was dumping so in my opinion OP tends to be pessimistic about Ethereum's performance,Regardless of the timing of the original post, ETH is still underperforming when compared to BTC. A lot of promises were made by people (including Vitalik) but they could not deliver. One such promise was the cheaper transaction fees if I remember correctly.
But Ethereum I think is not too bad either, we still see an increase even though it is not as high as we expected.Maybe when OP was writing this topic, the price of Ethereum was dumping so in my opinion OP tends to be pessimistic about Ethereum's performance,Regardless of the timing of the original post, ETH is still underperforming when compared to BTC. A lot of promises were made by people (including Vitalik) but they could not deliver. One such promise was the cheaper transaction fees if I remember correctly.
With how BTC is pumping, you'd expect ETH to be at least $5K right now.
All i could just say concerning this is that we should wait for the market season for altcoins to come before we can see if they all are going to perform together or not, ethereum is not performing well now is a simple indication that the market is preparing down for when it will further strike for all time high, this does not have to be together with the bitcoin season or bullrun.My analysis is also like that seeing ethereum seems to be straggling and having difficulty approaching its ATH, it is likely that after bitcoin reaches its highest point this year we will see a correction. because some top coins are still far from their ATH, what I see is only solanan that has reached ATH because solana's popularity is currently very high.
It is truly an opportunity that we are experience that can drive satisfaction with slow and well thought out decisions as a major key. The key word here is opportunity , and therefore if we are to only watch the trends and opportunities in the future, we are able to approach them with more premeditated steps. Looking at a number of options and trying to look for the best possible eventualities that can happen in the progress of the project will be a way of protecting ourselves from extreme expectations hence striking a balance as we balance the possibilities of the outcomes with the need to ensure that we achieve the set goal.All i could just say concerning this is that we should wait for the market season for altcoins to come before we can see if they all are going to perform together or not, ethereum is not performing well now is a simple indication that the market is preparing down for when it will further strike for all time high, this does not have to be together with the bitcoin season or bullrun.My analysis is also like that seeing ethereum seems to be straggling and having difficulty approaching its ATH, it is likely that after bitcoin reaches its highest point this year we will see a correction. because some top coins are still far from their ATH, what I see is only solanan that has reached ATH because solana's popularity is currently very high.
The ethereum market is starting to improve a lot now, and it is expected that something good is going to happen next year. I bought ethereum a few months ago, and if I sell it now, I will get a good amount of profit, but I am going to wait a few more months. I don't know how much profit I can expect from ethereum if I wait a few more months. Since the price of Bitcoin has increased a lot, it is expected that there is a possibility of getting profit from ethereum.
Let's just wait until next year, because I think ethereum is still a potential coin to hold.But Ethereum I think is not too bad either, we still see an increase even though it is not as high as we expected.Maybe when OP was writing this topic, the price of Ethereum was dumping so in my opinion OP tends to be pessimistic about Ethereum's performance,Regardless of the timing of the original post, ETH is still underperforming when compared to BTC. A lot of promises were made by people (including Vitalik) but they could not deliver. One such promise was the cheaper transaction fees if I remember correctly.
With how BTC is pumping, you'd expect ETH to be at least $5K right now.
But actually many people expect that the price of Ethereum can rise higher than now along with the increase in the price of BTC in the last few weeks.
But I am still optimistic that there will be a surprise from Ethereum about the price spike, let's just wait.
Let's just wait until next year, because I think ethereum is still a potential coin to hold.Ethereum has proved indeed strong as a digital asset, which is in a great demand even in the face of other influential market forces. However, Ethereum is not just for mere cryptocurrency, the digital asset provides value in an expanding array such as the smart contract technology as well as the decentralised applications. There is however quite evidence that this change may be temporary if the general development of Web continues and if the web penetrates more deeply into the worldwide levels. We now become wise to seize on what we some of us may have early perceived in this context and plan for long term moves. This means that the level and intensity of Ethereum could be even higher if some grains of patience were applied in the future.
I agree with you, ethereum still has many enthusiasts even though it seems to be struggling in the market right now, but ethereum has managed to reach a price above $ 4k
I see an increase in Ethereum this week, along with the increase in Bitcoin price past one hundred thousand dollars. Ethereum will remain the favorite coin for most Investors and crypto traders, this is because Ethereum is strong and popular. The increase in Ethereum is worth waiting for early next year, and I remain optimistic that there will be good news about Ethereum.Let's just wait until next year, because I think ethereum is still a potential coin to hold.But Ethereum I think is not too bad either, we still see an increase even though it is not as high as we expected.Maybe when OP was writing this topic, the price of Ethereum was dumping so in my opinion OP tends to be pessimistic about Ethereum's performance,Regardless of the timing of the original post, ETH is still underperforming when compared to BTC. A lot of promises were made by people (including Vitalik) but they could not deliver. One such promise was the cheaper transaction fees if I remember correctly.
With how BTC is pumping, you'd expect ETH to be at least $5K right now.
But actually many people expect that the price of Ethereum can rise higher than now along with the increase in the price of BTC in the last few weeks.
But I am still optimistic that there will be a surprise from Ethereum about the price spike, let's just wait.
I agree with you, ethereum still has many enthusiasts even though it seems to be struggling in the market right now, but ethereum has managed to reach a price above $ 4k
I see an increase in Ethereum this week, along with the increase in Bitcoin price past one hundred thousand dollars. Ethereum will remain the favorite coin for most Investors and crypto traders, this is because Ethereum is strong and popular. The increase in Ethereum is worth waiting for early next year, and I remain optimistic that there will be good news about Ethereum.Compared to many other altcoins ethereum is pumping way fast though not as fast as bitcoin is. However Ethereum still has experienced more pullbacks since bitcoins bull started and that's pretty much understandable based on the fact that bitcoin is way above Ethereum. There have been many discussions stirred up in the past trying to measure Ethereum's progress with that of other altcoins like Solana.
Solanan is experiencing rapid progress as a network because it is widely used by popular meme coins, making the solana network popular. And indeed in the last two years we have seen the movement of the solana coin quite well, but ethereum remains the king of altcoins and until now ethereum is still the favorite altcoin of whales.I see an increase in Ethereum this week, along with the increase in Bitcoin price past one hundred thousand dollars. Ethereum will remain the favorite coin for most Investors and crypto traders, this is because Ethereum is strong and popular. The increase in Ethereum is worth waiting for early next year, and I remain optimistic that there will be good news about Ethereum.Compared to many other altcoins ethereum is pumping way fast though not as fast as bitcoin is. However Ethereum still has experienced more pullbacks since bitcoins bull started and that's pretty much understandable based on the fact that bitcoin is way above Ethereum. There have been many discussions stirred up in the past trying to measure Ethereum's progress with that of other altcoins like Solana.
Ethereum is still the top coin for the category of altcoins and although it may seem some altcoins like Solana are progressing super fast, it will still take a lot more than that for them to be able to beat Ethereum.
I see an increase in Ethereum this week, along with the increase in Bitcoin price past one hundred thousand dollars. Ethereum will remain the favorite coin for most Investors and crypto traders, this is because Ethereum is strong and popular. The increase in Ethereum is worth waiting for early next year, and I remain optimistic that there will be good news about Ethereum.Seems significant decreasing of Ethereum price in this week, since raise until $4k and Ethereum have decreasing until $3,1k due bitcoin effect after dropping suddenly. But today Ethereum after huge amount of dropping succes return back to higher price and reach to $3,500 with few hours only keep stable before dropping back.
Ethereum price is currently $3,315 as bitcoin price drops to $95K. Ethereum has always followed bitcoin price movements, and it is likely to drop again if bitcoin price drops.I see an increase in Ethereum this week, along with the increase in Bitcoin price past one hundred thousand dollars. Ethereum will remain the favorite coin for most Investors and crypto traders, this is because Ethereum is strong and popular. The increase in Ethereum is worth waiting for early next year, and I remain optimistic that there will be good news about Ethereum.Seems significant decreasing of Ethereum price in this week, since raise until $4k and Ethereum have decreasing until $3,1k due bitcoin effect after dropping suddenly. But today Ethereum after huge amount of dropping succes return back to higher price and reach to $3,500 with few hours only keep stable before dropping back.
I see Ethereum most depend with bitcoin price, if bitcoin keep correction seems easy for Ethereum will drop again before recovering to higher price depend on bitcoin price up or not.
Seems significant decreasing of Ethereum price in this week, since raise until $4k and Ethereum have decreasing until $3,1k due bitcoin effect after dropping suddenly. But today Ethereum after huge amount of dropping succes return back to higher price and reach to $3,500 with few hours only keep stable before dropping back.Ethereum mostly follows Bitcoin. It is not really surprising that Ethereum is declining much this week because Bitcoin dropped very significantly. You must be aware that Bitcoin dropped from $108k to below $95k. Ethereum followed it, Ethereum dropped from $4k to $3,1k. I think it is normal, we don't need to feel so worried. If we don't hurry to take profits, we just need to be patient and wait for the next pump in January. I assume Ethereum can be above $4k again if Bitcoin can make a new ATH again in January.
I see Ethereum most depend with bitcoin price, if bitcoin keep correction seems easy for Ethereum will drop again before recovering to higher price depend on bitcoin price up or not.
Ether has no supply limit and there are currently around 120 million tokens in circulation supply. Ethereum investors try to limit its supply by periodically burning large amounts of tokens out of circulation, but that process is not as predictable or transparent as bitcoin fixed half. Some bullish investors expect ethereum to rise but that's still an uncertain time horizon. Ethereum tokens are still inflationary so its supply is unlimited and it cannot be mined. Even its future value will largely be defined by ethereum utility for dApp developers and financial institutions. All in all, investors are still chasing bitcoin which is why the price of altcoins and eth have not changed.Indeed there are differences between Ethereum and bitcoin but in regard to supply, how it is incorporated in the blockchain community there are slight differences. Despite the fact that the supply is basically infinite, the part that it serves as a platform for the development of dApps and financial options is the plus side. Token burning is a cyclic process which indicates the efforts made to keep the supply and demand ratio in cheque, but it is not as rigid as bitcoin. Specifically, the further evolution of ethereum will most probably depend more on the expansion of its application potential in the financial and technical sphere. The decision of investors to remain interested in Bitcoin is also quite reasonable, bitcoin is one of the most stable forms of virtual currencies. But there is always certain charm in diversifying into ethereum if the participant believes in this currency’s future.
Ether has no supply limit and there are currently around 120 million tokens in circulation supply. Ethereum investors try to limit its supply by periodically burning large amounts of tokens out of circulation, but that process is not as predictable or transparent as bitcoin fixed half. Some bullish investors expect ethereum to rise but that's still an uncertain time horizon. Ethereum tokens are still inflationary so its supply is unlimited and it cannot be mined. Even its future value will largely be defined by ethereum utility for dApp developers and financial institutions. All in all, investors are still chasing bitcoin which is why the price of altcoins and eth have not changed.Indeed there are differences between Ethereum and bitcoin but in regard to supply, how it is incorporated in the blockchain community there are slight differences. Despite the fact that the supply is basically infinite, the part that it serves as a platform for the development of dApps and financial options is the plus side. Token burning is a cyclic process which indicates the efforts made to keep the supply and demand ratio in cheque, but it is not as rigid as bitcoin. Specifically, the further evolution of ethereum will most probably depend more on the expansion of its application potential in the financial and technical sphere. The decision of investors to remain interested in Bitcoin is also quite reasonable, bitcoin is one of the most stable forms of virtual currencies. But there is always certain charm in diversifying into ethereum if the participant believes in this currency’s future.
Got compromised when they turned itself to POS so the OGs holding so much of ETH doesn't even need to mine ETh but just stake yet still earning lots of token which they can dump every time that suppresses the price unlike when it was POW where miners can just keep holding so they could profit for their energy bills.
Therefore POS tokens are not so profitable. So far even today, it's only BTC that keeps moving up.
With many networks, Ethereum's popularity is decreasing even though it is still the largest and ranks second in CMC.
Got compromised when they turned itself to POS so the OGs holding so much of ETH doesn't even need to mine ETh but just stake yet still earning lots of token which they can dump every time that suppresses the price unlike when it was POW where miners can just keep holding so they could profit for their energy bills.
Therefore POS tokens are not so profitable. So far even today, it's only BTC that keeps moving up.
Along with the transition it looks like ETH entered into a shell when it comes to development, they seem to be settled and expected the people to keep using by assuming the coin is inevitable but it's not the same story of bitcoin and the potential use case of ETH is different and there we have lot of competitors like BSC, SOL, TRON, etc seems to be offering better than people can expect in ethereum.
Over time, Ethereum's dominance will be replaced by other networks, if the Ethereum team does not fix the problem of excessively high gas fees.I agree, I also believe that other coins will be able to break Etthereum's dominance overtime. Although, it's not going to be easy to actually break that dominance but I believe coins like Solana could do good in that aspect.
Ethereum has been the king of the blockchains since the project’s inception; however, technology does not stand still and introduces better solutions over time. In my opinion, as any network endures for a long time it must have to undergo a change to suit the need of the people. If there exists a hindrance that compels people to seek other solutions, this means that there exists an area that requires attention so as to remain competitive. Now, regarding the high fees as the main drawback, it can be stated that this is true for Ethereum as there are so many networks with a lower cost and better TPS today. Yet there is the possibility of innovation, and the Ethereum #DevelopmentTeam itself does not remain inactively. However, they are able to deal with this with a superior solution it can still remain in a strong position. But it is then only normal that it will gradually move on towards dominance of more innovative projects.With many networks, Ethereum's popularity is decreasing even though it is still the largest and ranks second in CMC.
Got compromised when they turned itself to POS so the OGs holding so much of ETH doesn't even need to mine ETh but just stake yet still earning lots of token which they can dump every time that suppresses the price unlike when it was POW where miners can just keep holding so they could profit for their energy bills.
Therefore POS tokens are not so profitable. So far even today, it's only BTC that keeps moving up.
Along with the transition it looks like ETH entered into a shell when it comes to development, they seem to be settled and expected the people to keep using by assuming the coin is inevitable but it's not the same story of bitcoin and the potential use case of ETH is different and there we have lot of competitors like BSC, SOL, TRON, etc seems to be offering better than people can expect in ethereum.
This is what makes Ethereum appear underperforming.
Over time, Ethereum's dominance will be replaced by other networks, if the Ethereum team does not fix the problem of excessively high gas fees.
For Ethereum network dominance, it has actually dropped quite a bit now, and BNB and Solana have replaced it, this is related to the dominance of the Ethereum network. However, for market cap, ETH is still too high to be taken over by other altcoins in its market capitalization. Because so far when compared, XRP, which is actually below ETH, is still half, and if SOL or BNB are still quite far away. But well, we don't know what will happen in the future. Let's just wait and see how the market conditions will be in the next few years, where it will be taken. What is certain is that hopefully various top altcoins will continue to survive in the era of the onslaught of various new altcoins in the future.Over time, Ethereum's dominance will be replaced by other networks, if the Ethereum team does not fix the problem of excessively high gas fees.I agree, I also believe that other coins will be able to break Etthereum's dominance overtime. Although, it's not going to be easy to actually break that dominance but I believe coins like Solana could do good in that aspect.
For Ethereum network dominance, it has actually dropped quite a bit now, and BNB and Solana have replaced it, this is related to the dominance of the Ethereum network. However, for market cap, ETH is still too high to be taken over by other altcoins in its market capitalization. Because so far when compared, XRP, which is actually below ETH, is still half, and if SOL or BNB are still quite far away. But well, we don't know what will happen in the future. Let's just wait and see how the market conditions will be in the next few years, where it will be taken. What is certain is that hopefully various top altcoins will continue to survive in the era of the onslaught of various new altcoins in the future.The world of digital assets is indeed unpredictable, and such changes in the market are impossible to foresee. That is why we are able to observe further development of blockchain, and the appearance of new efficient options for its users. To this extent, while ethereum may still dominate another year in terms of market capital alone the development of other networks portrays that the battle is far from over. It wasn’t possible to define where the digital assets will be in the next few years but the innovation that has been present will always create new colours in this ever evolving ecosystem. Perhaps, the most crucial is that any asset that already has its well-developed ecosystem will always remain relevant in the context of this industry’s further evolution.
For Ethereum network dominance, it has actually dropped quite a bit now, and BNB and Solana have replaced it, this is related to the dominance of the Ethereum network. However, for market cap, ETH is still too high to be taken over by other altcoins in its market capitalization. Because so far when compared, XRP, which is actually below ETH, is still half, and if SOL or BNB are still quite far away. But well, we don't know what will happen in the future. Let's just wait and see how the market conditions will be in the next few years, where it will be taken. What is certain is that hopefully various top altcoins will continue to survive in the era of the onslaught of various new altcoins in the future.The world of digital assets is indeed unpredictable, and such changes in the market are impossible to foresee. That is why we are able to observe further development of blockchain, and the appearance of new efficient options for its users. To this extent, while ethereum may still dominate another year in terms of market capital alone the development of other networks portrays that the battle is far from over. It wasn’t possible to define where the digital assets will be in the next few years but the innovation that has been present will always create new colours in this ever evolving ecosystem. Perhaps, the most crucial is that any asset that already has its well-developed ecosystem will always remain relevant in the context of this industry’s further evolution.
Yes, that's right, and there is no guarantee that in the future, the dominance of BSC and Solana can continue to survive, maybe there will be other competitors who will be more leading and hype in their time. But well, as you said, it's unpredictable.For Ethereum network dominance, it has actually dropped quite a bit now, and BNB and Solana have replaced it, this is related to the dominance of the Ethereum network. However, for market cap, ETH is still too high to be taken over by other altcoins in its market capitalization. Because so far when compared, XRP, which is actually below ETH, is still half, and if SOL or BNB are still quite far away. But well, we don't know what will happen in the future. Let's just wait and see how the market conditions will be in the next few years, where it will be taken. What is certain is that hopefully various top altcoins will continue to survive in the era of the onslaught of various new altcoins in the future.The world of digital assets is indeed unpredictable, and such changes in the market are impossible to foresee. That is why we are able to observe further development of blockchain, and the appearance of new efficient options for its users. To this extent, while ethereum may still dominate another year in terms of market capital alone the development of other networks portrays that the battle is far from over. It wasn’t possible to define where the digital assets will be in the next few years but the innovation that has been present will always create new colours in this ever evolving ecosystem. Perhaps, the most crucial is that any asset that already has its well-developed ecosystem will always remain relevant in the context of this industry’s further evolution.
Yes, that's right, and there is no guarantee that in the future, the dominance of BSC and Solana can continue to survive, maybe there will be other competitors who will be more leading and hype in their time. But well, as you said, it's unpredictable.For Ethereum network dominance, it has actually dropped quite a bit now, and BNB and Solana have replaced it, this is related to the dominance of the Ethereum network. However, for market cap, ETH is still too high to be taken over by other altcoins in its market capitalization. Because so far when compared, XRP, which is actually below ETH, is still half, and if SOL or BNB are still quite far away. But well, we don't know what will happen in the future. Let's just wait and see how the market conditions will be in the next few years, where it will be taken. What is certain is that hopefully various top altcoins will continue to survive in the era of the onslaught of various new altcoins in the future.The world of digital assets is indeed unpredictable, and such changes in the market are impossible to foresee. That is why we are able to observe further development of blockchain, and the appearance of new efficient options for its users. To this extent, while ethereum may still dominate another year in terms of market capital alone the development of other networks portrays that the battle is far from over. It wasn’t possible to define where the digital assets will be in the next few years but the innovation that has been present will always create new colours in this ever evolving ecosystem. Perhaps, the most crucial is that any asset that already has its well-developed ecosystem will always remain relevant in the context of this industry’s further evolution.
And yes, that's why we need to adapt to the development of the times, we need to follow the development and progress of the crypto world, so that we are not left behind and can benefit from every development of the times.
Yes, that's right, and there is no guarantee that in the future, the dominance of BSC and Solana can continue to survive, maybe there will be other competitors who will be more leading and hype in their time. But well, as you said, it's unpredictable.For Ethereum network dominance, it has actually dropped quite a bit now, and BNB and Solana have replaced it, this is related to the dominance of the Ethereum network. However, for market cap, ETH is still too high to be taken over by other altcoins in its market capitalization. Because so far when compared, XRP, which is actually below ETH, is still half, and if SOL or BNB are still quite far away. But well, we don't know what will happen in the future. Let's just wait and see how the market conditions will be in the next few years, where it will be taken. What is certain is that hopefully various top altcoins will continue to survive in the era of the onslaught of various new altcoins in the future.The world of digital assets is indeed unpredictable, and such changes in the market are impossible to foresee. That is why we are able to observe further development of blockchain, and the appearance of new efficient options for its users. To this extent, while ethereum may still dominate another year in terms of market capital alone the development of other networks portrays that the battle is far from over. It wasn’t possible to define where the digital assets will be in the next few years but the innovation that has been present will always create new colours in this ever evolving ecosystem. Perhaps, the most crucial is that any asset that already has its well-developed ecosystem will always remain relevant in the context of this industry’s further evolution.
And yes, that's why we need to adapt to the development of the times, we need to follow the development and progress of the crypto world, so that we are not left behind and can benefit from every development of the times.
I've noticed how the crypto world keeps changing, Ethereum's still a big deal with its market cap, but I can see how its top spot might not last forever. BNB and Solana are popping up more and I bet new ones could shake things up again. I just try to stay in the loop and roll with it. No blockchain's a sure bet forever but the big ones probably won't fade out fast. Keeping an eye on what's trending helps me ride the wave and make the most of it.
I've noticed how the crypto world keeps changing, Ethereum's still a big deal with its market cap, but I can see how its top spot might not last forever. BNB and Solana are popping up more and I bet new ones could shake things up again. I just try to stay in the loop and roll with it. No blockchain's a sure bet forever but the big ones probably won't fade out fast. Keeping an eye on what's trending helps me ride the wave and make the most of it.Blockchain or network? I'm sure blockchain will last a long time. But a certain network may be changed with a new one. Sure, it is about the competition and people's choice. Since Ethereum network is quite expensive, people move to another networks. Ethereum looks having no big innovation. This makes people be unsatisfied, they may start leaving Ethereum. But if Ethereum team can make a big progress again, it will change its current situation.
Blockchain or network? I'm sure blockchain will last a long time. But a certain network may be changed with a new one. Sure, it is about the competition and people's choice. Since Ethereum network is quite expensive, people move to another networks. Ethereum looks having no big innovation. This makes people be unsatisfied, they may start leaving Ethereum. But if Ethereum team can make a big progress again, it will change its current situation.
You are right L2 should have been a layer chain of etherium. So that the matter of etherium's high fees can be reduced to some extent. But at the end of the day it appeared that L2 was trying to position itself as a separate block chain and giant in the market. Its results have also been very good, almost all the projects have hit the ground.
I think ethereum has become too clumsy, and it will take a lot of effort and time for its team to change something. In my opinion, a large number of L2 networks didn't solve the problem of ETH scalability but led to some stagnation and, consequently, loss of interest from investors.
You are right L2 should have been a layer chain of etherium. So that the matter of etherium's high fees can be reduced to some extent. But at the end of the day it appeared that L2 was trying to position itself as a separate block chain and giant in the market. Its results have also been very good, almost all the projects have hit the ground.
I think ethereum has become too clumsy, and it will take a lot of effort and time for its team to change something. In my opinion, a large number of L2 networks didn't solve the problem of ETH scalability but led to some stagnation and, consequently, loss of interest from investors.
Also the ethereum foundation's unplanned minting of ethereum and selling it on the market has had a very bad impact. Ethereum has been struggling ever since when they moved away from their deflationary system and stopped proof of work.
Lots of work to do in many departments still.
And BTC would be pushing forward pretty soon, in my opinion, so that's when ETH and others should follow.
Maybe there are many people who feel disappointed with the development of ETH prices that are not that fast and can drop drastically in a flash. However, if I say so, fortunately this is ETH, so, no matter how big the worries are, as long as you keep holding patiently, there is a possibility that the price can go up very drastically again. One way is to be more patient. However, this time, after the price of ETH could rise quite rapidly, it's just that in the last few months, the price has actually dropped very badly. Even now it is at a rate below $ 2k, that's quite sad, but it doesn't mean you have to give up hope.Lots of work to do in many departments still.
And BTC would be pushing forward pretty soon, in my opinion, so that's when ETH and others should follow.
ETH didn't follow the path previously won't blame ETH only many other top-tier coins never followed the path exactly. I was looking forward to the ALt season anytime soon in February, but things are getting worse day by day.
Kind of a disappointment in the altcoins investors and still market is not showing any good signs of quick recovery. Let's wait for the May and June now, otherwise we might need to wait for the September to December time period according the charts.
You are right, unfortunately, for many people the drastic drop of ETH price is rather regrettable. Of course, no one can predict when a turn will happen, but we have seen that ETH gave several times indications that bears do not mean death. The crypto market is always volatile, as it has been revealed that negative trends do not prevail for an extensive period. It may sound unbelievable now But ETH has not been through such situation for the first time. As we have seen in the previous studies the phenomenon that relates to a very low price does not exclude the chances of the price to rise again. The main tip is, of course, should not lose one’s head over it and become overly emotional when observing such scenario.Maybe there are many people who feel disappointed with the development of ETH prices that are not that fast and can drop drastically in a flash. However, if I say so, fortunately this is ETH, so, no matter how big the worries are, as long as you keep holding patiently, there is a possibility that the price can go up very drastically again. One way is to be more patient. However, this time, after the price of ETH could rise quite rapidly, it's just that in the last few months, the price has actually dropped very badly. Even now it is at a rate below $ 2k, that's quite sad, but it doesn't mean you have to give up hope.Lots of work to do in many departments still.
And BTC would be pushing forward pretty soon, in my opinion, so that's when ETH and others should follow.
ETH didn't follow the path previously won't blame ETH only many other top-tier coins never followed the path exactly. I was looking forward to the ALt season anytime soon in February, but things are getting worse day by day.
Kind of a disappointment in the altcoins investors and still market is not showing any good signs of quick recovery. Let's wait for the May and June now, otherwise we might need to wait for the September to December time period according the charts.
Maybe there are many people who feel disappointed with the development of ETH prices that are not that fast and can drop drastically in a flash. However, if I say so, fortunately this is ETH, so, no matter how big the worries are, as long as you keep holding patiently, there is a possibility that the price can go up very drastically again. One way is to be more patient. However, this time, after the price of ETH could rise quite rapidly, it's just that in the last few months, the price has actually dropped very badly. Even now it is at a rate below $ 2k, that's quite sad, but it doesn't mean you have to give up hope.Lots of work to do in many departments still.
And BTC would be pushing forward pretty soon, in my opinion, so that's when ETH and others should follow.
ETH didn't follow the path previously won't blame ETH only many other top-tier coins never followed the path exactly. I was looking forward to the ALt season anytime soon in February, but things are getting worse day by day.
Kind of a disappointment in the altcoins investors and still market is not showing any good signs of quick recovery. Let's wait for the May and June now, otherwise we might need to wait for the September to December time period according the charts.
.....I will add my personal opinion why Ethereum is underperforming, my classic reason is that Ethereum is an old coin but lacks new innovation.
Do you agree with the factors stated above or you think that there can be more maybe behind the scene?
Ethereum network is very expensive then others. I think that it is the best reason for Ethereum underperforming in cryptocurrency market. Because if we follow in cryptocurrency market, we can see that others crypto currency network fees was very lower. So in this situation people want to avoid this network. I also believe that if Ethereum network fees when reduce, then popularity of this currency will be increase gradually in cryptocurrency market. So in this competition era lower fees will be large progress for Ethereum. So we should wait until in reduce fees for get best profit from Ethereum.Blockchain or network? I'm sure blockchain will last a long time. But a certain network may be changed with a new one. Sure, it is about the competition and people's choice. Since Ethereum network is quite expensive, people move to another networks. Ethereum looks having no big innovation. This makes people be unsatisfied, they may start leaving Ethereum. But if Ethereum team can make a big progress again, it will change its current situation.
I think ethereum has become too clumsy, and it will take a lot of effort and time for its team to change something. In my opinion, a large number of L2 networks didn't solve the problem of ETH scalability but led to some stagnation and, consequently, loss of interest from investors. In other words, ETH is losing the competition to other projects, and I honestly wouldn't be surprised if, one day, the second line on CMC will be taken by Solana, BNB, or XRP.
Gas fee will always be a reason for people to choose which network they will use.Ethereum network is very expensive then others. I think that it is the best reason for Ethereum underperforming in cryptocurrency market. Because if we follow in cryptocurrency market, we can see that others crypto currency network fees was very lower. So in this situation people want to avoid this network. I also believe that if Ethereum network fees when reduce, then popularity of this currency will be increase gradually in cryptocurrency market. So in this competition era lower fees will be large progress for Ethereum. So we should wait until in reduce fees for get best profit from Ethereum.Blockchain or network? I'm sure blockchain will last a long time. But a certain network may be changed with a new one. Sure, it is about the competition and people's choice. Since Ethereum network is quite expensive, people move to another networks. Ethereum looks having no big innovation. This makes people be unsatisfied, they may start leaving Ethereum. But if Ethereum team can make a big progress again, it will change its current situation.
I think ethereum has become too clumsy, and it will take a lot of effort and time for its team to change something. In my opinion, a large number of L2 networks didn't solve the problem of ETH scalability but led to some stagnation and, consequently, loss of interest from investors. In other words, ETH is losing the competition to other projects, and I honestly wouldn't be surprised if, one day, the second line on CMC will be taken by Solana, BNB, or XRP.
Yes, the market scenario is indeed very speculative and cannot be predicted very precisely. Likewise with ETH which is a top altcoin. It's just that, no matter what the market conditions are, Ethereum still has its own place, in the future alt we certainly believe that this top coin will be able to be a pioneer for a very rapid and significant increase in altcoins. and this is a benchmark for market development, in addition to several other top altcoins. But what is certain is that confidence in ETH is very high, no matter what the market conditions are and how it develops, it's just that, once again, we have to be more patient with whatever happens in the market.Maybe there are many people who feel disappointed with the development of ETH prices that are not that fast and can drop drastically in a flash. However, if I say so, fortunately this is ETH, so, no matter how big the worries are, as long as you keep holding patiently, there is a possibility that the price can go up very drastically again. One way is to be more patient. However, this time, after the price of ETH could rise quite rapidly, it's just that in the last few months, the price has actually dropped very badly. Even now it is at a rate below $ 2k, that's quite sad, but it doesn't mean you have to give up hope.You are right, unfortunately, for many people the drastic drop of ETH price is rather regrettable. Of course, no one can predict when a turn will happen, but we have seen that ETH gave several times indications that bears do not mean death. The crypto market is always volatile, as it has been revealed that negative trends do not prevail for an extensive period. It may sound unbelievable now But ETH has not been through such situation for the first time. As we have seen in the previous studies the phenomenon that relates to a very low price does not exclude the chances of the price to rise again. The main tip is, of course, should not lose one’s head over it and become overly emotional when observing such scenario.
The thing is that by now, at least ETH should have reach a new all time high. Because as prime mover in the altcoin market, it should have been doing great in this bull run. However, many are disappointed that the price is not even getting closer to it's top price while Bitcoin have had several all time high already.Of course, we certainly hope so. ETH must surpass the ATH and must reach a new ATH again. Hopefully it can really reach $7k in the alt season later, although it might be quite difficult, but maybe this can be a hope. At least, I personally will start to TP ETH maybe at $5k later. Hopefully the hope is right.
Of course, we certainly hope so. ETH must surpass the ATH and must reach a new ATH again. Hopefully it can really reach $7k in the alt season later, although it might be quite difficult, but maybe this can be a hope. At least, I personally will start to TP ETH maybe at $5k later. Hopefully the hope is right.The condition we are seeing in Ethereum market I don't think it will touch ever on 7k in this bull season even we saw the altcoin season in the next few months. Because Ethereum is constantly making mistakes in taking their steps and as a result they have to come to this current situation. So the situation of Ethereum coin is much like what we think of in the case of various ponzi scheme coins. For example, there is no limit to the maximum supply of the coin and at the same time the coin has shifted from POW to POS.