Why is $ETH being continuously suppressed despite having an etf spot
1. The ecosystem is weakened due to L1s like $SOL dominating the airwaves and there are not many use cases left
2. Not too safe so if investing in etf they will prioritize $BTC
3. There are many L2s but they are not too strong and are in the development stage so there are few games to play
4.@Ethereum is no longer very profitable in the early season and even loses to btc so investors will choose bitcoin instead of eth
=> expect @Solana Official to surpass etherium in the near future
1. The ecosystem is weakened due to L1s like $SOL dominating the airwaves and there are not many use cases left
2. Not too safe so if investing in etf they will prioritize $BTC
3. There are many L2s but they are not too strong and are in the development stage so there are few games to play
4.@Ethereum is no longer very profitable in the early season and even loses to btc so investors will choose bitcoin instead of eth
=> expect @Solana Official to surpass etherium in the near future
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SOL
145.83
-1.40%
BTC
95,838.13
-0.73%
ETH
1,840
+0.17%