Ethereum (#ETH ) may face greater competitive pressure in 2025
Ethereum's Gas fees have been declining steadily since the upgrade in March 2024, while ecosystem activity remains sluggish. Coupled with weak trading performance, a significant increase in ETH price may face considerable resistance in 2025. In 2024, Ethereum encountered strong competition from alternative protocols like Solana and Sui, which attracted more users, and their tokens outperformed Ethereum throughout the year. Analysis indicates that without significant positive news to stimulate interest, Ethereum may continue to be at a disadvantage in 2025, while competing projects are expected to further expand their advantages.
