Why Ethereum is underperforming?

[vegasus]

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.

[enwi]

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.

[Baofeng]

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.

That's why they really need to be very active like before, but the thing is that, there could be investors that are no longer like what they are seeing in Ethereum.

And with the competition breathing their necks, it's very hard to maintain their status on the top right now as there are a lot trying to have better technology that them. And then the whole altcoin market is still suffering as there are no bull run yet because Bitcoin is taking over up to now and the money flows to Bitcoin market.

[vegasus]

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.

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.

[EmilTheBerg]

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.

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.

[philipma1957]

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.

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.

Basically ETH fucked itself hard by going pos.

Yeah it has utility it does contracts.

But ETC does them
Solana Does  them
BNB does them

So why buy a 1800 dollar coin to stake ie eth.

when a 122 dollar coin in the shape of Solana lets you stake way way way way cheaper.


At least ETC has gpus and asics for backing

and Solana has a direct setup with the helium network


Eth is a very over price bond which may fall under 1000.  If it can not get some way to differ itself for the other contract coins.


(hint a new very asic resistant gpu along would do the trick)

but the stakers will look to Whack Mr V if he does it.

[Aanuoluwatofunmi]

Ethereum is not making it investors proud because of how it has not been well to do in terms of market performance, though lots had been expected that it reached all time high, but all hopes were dashed after the recent bitcoin market pump and ethereum could not perform up to expectations, but we should still be more positive about it, because it stand as the king of altcoins and should regain back it season sooner or later, those holding Ethereum by then will never regret making such decision.

[UNIVERSE]

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.

[dwyane36]

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.

[Innocant]

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.

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.

[tequilla_sunset]

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.

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.

[Hamza2424]

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.

[sampoerna]

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.

[Blaze]

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.

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.

[Jating]

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.

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.

And we have less than a year if we look at 2025 as the final year of the bull run. So as a investor, someone should be very worried specially those who have been holding for years or at least at the start of the current cycle. Do they have still the patience to continue to hope and believe that in the last quarter, the price will go up?