The future of Ethereum in 2024?

[doc]

Absolutely Agree. We must have the patience to wait and the conviction to withstand the along the way
Specifically for Eth, there are a lot of rumors going around right now through baseless fud which is called names by individuals with financial interests.
But I Don't believe the FUD, Eth is alive and a good coin, kicking with a massive whale community holding strong on Ethereum.
Just a little bit of patience over the next month before the fun starts

ethereum is still a coin that has the potential to be held long term, so my advice is don't worry about FUD. FUD will always exist in the crypto world, so we should focus on holding bitcoin and ethereum if we want to hold it for the long term. Because if we are affected by FUD we will panic, I have experienced this many times in the past and now I don't care about FUD because my main goal is long term.

[kulkhan]

when we have confidence in the future of ETH then at least we have believed in it, especially until now ETH is still surviving and continuing to develop, the fee problem is that ETH doesn't have a solution yet but there will definitely be changes, it just needs a process, right?

Hmm, Gas fees? is it still high in my view 0.1$ is not high as the current gas fee is 1.199 Gwei, also we need to keep in mind that with the increase in the market price of coins, the gas fees of the chain will increase by some means as well. Also there is L2's vast and mighty ecosystem for ETH, and there's nothing to worry about regarding gas fees, I believe in ETH's potential and for sure as ETH is developing a great future is waiting ahead, all we need is just patience.

Today i saw a notification about low gas Fee of erc-20 Network. I think it is very good news about Ethereum. We all know that Ethereum is good cryptocurrency. And it’s position 2nd on cryptocurrency market. Ethereum is very popular currency there has no doubt. But it has big problem for It's transaction gas fee. For High gas fee people avoid it sometimes. But now a days Ethereum reduce it’s gas fee. I think from now Ethereum will more popular. And within short time thats means within this year Ethereum price will start big pump.

[koang]

Today i saw a notification about low gas Fee of erc-20 Network. I think it is very good news about Ethereum. We all know that Ethereum is good cryptocurrency. And it’s position 2nd on cryptocurrency market. Ethereum is very popular currency there has no doubt. But it has big problem for It's transaction gas fee. For High gas fee people avoid it sometimes. But now a days Ethereum reduce it’s gas fee. I think from now Ethereum will more popular. And within short time thats means within this year Ethereum price will start big pump.

Yep, the ETH gas fee has dropped drastically to its lowest level in recent years, even falling below 1gwei.
The low gas fee is due to a decrease in network activity, especially a significant drop in NFT sector trading volume since the beginning of the year.
However, gas fees are volatile and can increase again as network activity changes
While the decrease in gas fees is a positive development for the Ethereum network, price movements remain influenced by overall crypto market conditions.

[sampoerna]

Today i saw a notification about low gas Fee of erc-20 Network. I think it is very good news about Ethereum. We all know that Ethereum is good cryptocurrency. And it’s position 2nd on cryptocurrency market. Ethereum is very popular currency there has no doubt. But it has big problem for It's transaction gas fee. For High gas fee people avoid it sometimes. But now a days Ethereum reduce it’s gas fee. I think from now Ethereum will more popular. And within short time thats means within this year Ethereum price will start big pump.

Yep, the ETH gas fee has dropped drastically to its lowest level in recent years, even falling below 1gwei.
The low gas fee is due to a decrease in network activity, especially a significant drop in NFT sector trading volume since the beginning of the year.
However, gas fees are volatile and can increase again as network activity changes
While the decrease in gas fees is a positive development for the Ethereum network, price movements remain influenced by overall crypto market conditions.

This used to be a big problem for Ethereum that seemed like there was no way out, namely the huge fees that had to be paid, especially during the bullish era and the network was very dense. However, for now, the Ethereum network is not as popular as it used to be, and even quite a few new tokens are created on this network. There are more networks that are currently hyped, namely Solana and also TON Network. So, maybe besides being technically from Ethereum, this is also a problem. Even Ethereum's gas fee is only around 3 gwei.

[koang]

~ ~ ~

This used to be a big problem for Ethereum that seemed like there was no way out, namely the huge fees that had to be paid, especially during the bullish era and the network was very dense. However, for now, the Ethereum network is not as popular as it used to be, and even quite a few new tokens are created on this network. There are more networks that are currently hyped, namely Solana and also TON Network. So, maybe besides being technically from Ethereum, this is also a problem. Even Ethereum's gas fee is only around 3 gwei.

Competition in the Blockchain space is getting tighter but innovation and healthy competition will drive progress
As the first smart contract platform, Ethereum has a large ecosystem and the success of new projects does not depend on the fall of Ethereum.
All blockchain platforms can grow together and coexist collectively contributing to the growth of decentralized technology. So it's not a problem for Ethereum
As of now, Ethereum is still in the 2nd position on CMC, that’s a fact. So as a crypto investor, I think investing in ETH is the right choice.

[satpol_PP]

~ ~ ~

This used to be a big problem for Ethereum that seemed like there was no way out, namely the huge fees that had to be paid, especially during the bullish era and the network was very dense. However, for now, the Ethereum network is not as popular as it used to be, and even quite a few new tokens are created on this network. There are more networks that are currently hyped, namely Solana and also TON Network. So, maybe besides being technically from Ethereum, this is also a problem. Even Ethereum's gas fee is only around 3 gwei.

Competition in the Blockchain space is getting tighter but innovation and healthy competition will drive progress
As the first smart contract platform, Ethereum has a large ecosystem and the success of new projects does not depend on the fall of Ethereum.
All blockchain platforms can grow together and coexist collectively contributing to the growth of decentralized technology. So it's not a problem for Ethereum
As of now, Ethereum is still in the 2nd position on CMC, that’s a fact. So as a crypto investor, I think investing in ETH is the right choice.

the large number of blockchain projects fosters healthy competition, making users have many choices, which is very good. Ethereum remains the king of the platform, but currently its closest competitors BNB and Solana are also gaining popularity and many projects are turning to it.
Nowadays we also see TON coins which provide a good deal as an investment.

[TomPluz]

Ethereum is still a coin that has the potential to be held long term, so my advice is don't worry about FUD. FUD will always exist in the crypto world, so we should focus on holding bitcoin and Ethereum if we want to hold it for the long term. Because if we are affected by FUD we will panic, I have experienced this many times in the past and now I don't care about FUD because my main goal is long term.

Both Ethereum and Bitcoin are the right coins for long-term holding strategy and both now have their own ETFs too...an accomplishment that is so hard to get through most especially in the financial world where people are really skeptical on cryptocurrency. I am looking forward to see more growth on Ethereum especially in 2025 where it would be achieving a more bullish stance that it is now. So if one has the money to invest in and can be looking for a great return path, Ethereum can be a great choice while the coin is still in a dip right now.

[koang]

the large number of blockchain projects fosters healthy competition, making users have many choices, which is very good. Ethereum remains the king of the platform, but currently its closest competitors BNB and Solana are also gaining popularity and many projects are turning to it.
Nowadays we also see TON coins which provide a good deal as an investment.

ETHEREUM: smart contract functionality, second place in CMC. Ethereum is a pioneer.
SOLANA: High-speed transactions and low fee
TON : a multi-chain project with generalized support for all transactions.
And what's coolest about TON is its hand-in-hand association with
Telegram.
We can't ignore it but Not many people are seeing this. It's flying under the radar.
Conclusion: Diversification 

[doc]

Both Ethereum and Bitcoin are the right coins for long-term holding strategy and both now have their own ETFs too...an accomplishment that is so hard to get through most especially in the financial world where people are really skeptical on cryptocurrency. I am looking forward to see more growth on Ethereum especially in 2025 where it would be achieving a more bullish stance that it is now. So if one has the money to invest in and can be looking for a great return path, Ethereum can be a great choice while the coin is still in a dip right now.

Currently the price of ethereum is still low because it has decreased when bitcoin experienced a sharp correction, The current price is $ 2,600 after previously reaching more than $ 3K, this is a good time to buy because the price of bitcoin is likely to rise and altcoins including ethereum will follow suit. Both already have ETFs, if the price of bitcoin rises and is more stable, it is likely that the ETF will have a good impact on the increase in the price of ethereum and bitcoin.

[Rubel007]

Absolutely Agree. We must have the patience to wait and the conviction to withstand the along the way
Specifically for Eth, there are a lot of rumors going around right now through baseless fud which is called names by individuals with financial interests.
But I Don't believe the FUD, Eth is alive and a good coin, kicking with a massive whale community holding strong on Ethereum.
Just a little bit of patience over the next month before the fun starts

ethereum is still a coin that has the potential to be held long term, so my advice is don't worry about FUD. FUD will always exist in the crypto world, so we should focus on holding bitcoin and ethereum if we want to hold it for the long term. Because if we are affected by FUD we will panic, I have experienced this many times in the past and now I don't care about FUD because my main goal is long term.

We are yet to see a possible bull run which is very likely to happen. In the last bull market, the price of Ether was the highest at $4900 But since then that price has not been exceeded. So we can definitely expect that in a bull market, Ether will surpass its previous ‍all time high. But it must wait for a long time. Those who dream of holding in cryptocurrency will surely get the opportunity to realize their dream one day. But how far we can go at that point will depend on how much we are able to hold.

[alltalk]

I once read that Vitalik was having difficulty improving ethereum to reduce gs fees, but it seems ethereum's gs fees are decreasing. I don't know whether this has failed to develop or is it just a coincidence that market conditions have decreased drastically because the price of Bitcoin has decreased. Even though there should be a lot of demand when the price of bitcoin goes down, maybe they are still trapped in high prices so they can't buy bitcoin at a lower price.

It surely won't be easy to deal with high fees. However, I think Vitalik already succeeded to solve the problem. If you checked the current gas fees, it is much lower than in the early of this year. People's demand to have lower fees in Ethereum network has been fulfilled by Vitalik and his teams. I think there is no reason to doubt Vitalik, he is experienced and good enough as the founder of Ethereum. Regarding the price of Ethereum, it follows Bitcoin trend. When Bitcoin skyrockets, Etheruem will follow it as well.

[Hisbullah]

I once read that Vitalik was having difficulty improving ethereum to reduce gs fees, but it seems ethereum's gs fees are decreasing. I don't know whether this has failed to develop or is it just a coincidence that market conditions have decreased drastically because the price of Bitcoin has decreased. Even though there should be a lot of demand when the price of bitcoin goes down, maybe they are still trapped in high prices so they can't buy bitcoin at a lower price.

It surely won't be easy to deal with high fees. However, I think Vitalik already succeeded to solve the problem. If you checked the current gas fees, it is much lower than in the early of this year. People's demand to have lower fees in Ethereum network has been fulfilled by Vitalik and his teams. I think there is no reason to doubt Vitalik, he is experienced and good enough as the founder of Ethereum. Regarding the price of Ethereum, it follows Bitcoin trend. When Bitcoin skyrockets, Etheruem will follow it as well.

Yes, the gas fee is currently lower than before. In the past, we always heard complaints from ethereum users that the gas fee is so high. and slowly Vitalik managed to improve so that the high gas fee problem could be solved, although it is still not as low as Binance Smart Chain and Solana, if I see it that way.

[erus]

At the time I replied to this thread, the price of Ethereum tends not to have a drastic increase, which is definitely in August and soon September, October, November, December at the end of 2024. Maybe if I want the price of Ethereum to be 8,000 dollars, it can be said that it is Ethereum's progress, but if you look at the current price of Ethereum which is still stable between 2500-3000 dollars, it is still a lower price than before.

[koang]

At the time I replied to this thread, the price of Ethereum tends not to have a drastic increase, which is definitely in August and soon September, October, November, December at the end of 2024. Maybe if I want the price of Ethereum to be 8,000 dollars, it can be said that it is Ethereum's progress, but if you look at the current price of Ethereum which is still stable between 2500-3000 dollars, it is still a lower price than before.

I don't expect it to take long. Parabolic price action for crypto is right around the corner.
I'm not saying 4k is imminent but ETH is probably setting up for a nice move higher.
Don't just be a spectator and sit on the sidelines while the market continues higher, and will buy back in at much higher levels.
Stay focused and plan your moves ahead

[satpol_PP]

At the time I replied to this thread, the price of Ethereum tends not to have a drastic increase, which is definitely in August and soon September, October, November, December at the end of 2024. Maybe if I want the price of Ethereum to be 8,000 dollars, it can be said that it is Ethereum's progress, but if you look at the current price of Ethereum which is still stable between 2500-3000 dollars, it is still a lower price than before.

Yes, the market seems to be struggling, this will likely last a long time, maybe it's true that many predictions say the market will improve in November and December at the end of this year. It's better to hold and add to your coin collection if you still have capital. The price of ethereum has dropped back to $2,463 because the price of bitcoin has dropped back below $60K at this time.