Bitwise: Ethereum is like the 'Microsoft' in the memory blockchain, ETH's performance may improve by the end of the year
According to CoinDesk, cryptocurrency management company Bitwise stated in a report on Tuesday that Ethereum (ETH) seems to be less popular now, but its underperformance may reverse before the end of the year.
Bitwise pointed out that the price of Ethereum has not changed much since the beginning of the year, while Bitcoin (BTC) has risen by 38% and Solana's SOL has risen by 31%. The report states that the recent underperformance of Ethereum is due to risks related to the November US presidential election, increasing competition from Solana and other memory blockchains, a challenged token economy, and mixed reactions from the launch of US Ethereum spot exchange traded funds (ETFs).
However, the situation is not entirely pessimistic. Bitwise points out that the majority of stablecoins are issued on Ethereum, with over 60% of decentralized financial (DeFi) assets locked onto this blockchain, and the popular prediction market Polymarket also settles on this Layer 1 chain. Bitwise investment gains, Matt Hougan wrote:
Ethereum has the most active developers, active users, and a market value five times larger than its closest competitors
Hougan also stated that Ethereum is "like Microsoft in a memory blockchain," and everyone wants to talk about newer companies and their game changing technologies such as Google, Slack, and Zoom, "but Microsoft is still bigger than them combined.
The Bitwise report states that the challenge of Ethereum is not "life or death" and the market may re evaluate the cryptocurrency as the US election approaches, stating that "it looks like a potential reverse bet before the end of the year".
(责任编辑:私募资讯)
- ·为什么持续看好Blinks叙事?如何快速在Blinks上找到100倍机会?
- ·xzc币怎么挖 xtz币怎么挖
- ·火币HTX开启杠杆+质押双重福利,喜迎质押借币2.0重磅上线,畅享借贷0.09%超低利率
- ·中币数字货币交易平台
- ·递延所得税资产适用的税率是多少
- ·代收代付款项是否涉及增值税
- ·我来贷利率是多少,借款的流程是什么?
- ·赎回理财产品会计分录怎么做
- ·The DeFi project supported by the Trump family confirmed the rumor of issuing coins: no pre-sale, non transferable, 63% public sale
- ·附加税的计税依据是实缴增值税吗
- ·DePIN 专题报告:超过 370 个代币上线,Helium 用户突破 11 万大关
- ·虚拟币交易平台开发
- ·据报道,Ripple 提议以 110 亿美元现金和 XRP 竞购 Circle
- ·法定盈余公积必须要提取吗
- ·火币网提现认证
- ·媒体名人戴夫·波特诺伊 (Dave Portnoy) 透露他投资 XRP 的原因,并询问 XRP 是否会成为下一个比特币
- · 十大虚拟货币交易平台app
- · ok币
- · 加密货币交易所
- · okx交易所app官网链接
- · okx官方
- · 欧易最新版本
- · 虚拟货币交易
- · 虚拟货币交易平台有哪些
- · OK交易所官网入口登录
- · 亿欧app下载