Deep Tide TechFlow News, on December 31, Matrixport released today's chart stating that the decline in Ethereum Gas fees reflects that, since the upgrade in March 2024, the activity level of its ecosystem remains sluggish. Coupled with continuously low trading volumes, achieving a significant increase in ETH price in 2025 may face considerable resistance.
Matrixport further stated that in 2024, Ethereum faces strong competition from alternative protocols such as Solana and Sui, which have successfully attracted more users, resulting in their tokens outperforming Ethereum throughout the year. Without significant positive news to stimulate it, Ethereum may continue to lag behind in 2025, while competing projects are expected to further expand their advantages.