đą Ethereum's Bullish Signals! đ
- According to a Steno Research report, Ether's (ETH) recent underperformance may be coming to an end.
- In the past bull market, ETH doubled in value compared to Bitcoin (BTC) during the altcoin season.
- The US Federal Reserve's interest rate cut will trigger more onchain activity on the Ethereum blockchain.
- ETH is up 8% since the beginning of the year, while BTC is up 43% and the CoinDesk 20 index is up 11%.
- The rise in DeFi, stablecoins and NFTs could boost Ethereum's performance.
Share your thoughts in the comments! đŹ