đ #CoinRank Daily Insights & Analysis
đ Ethereum Struggles in 2025 Amid Fierce Competition
Since its March 2024 upgrade, Ethereumâs gas fees have dropped, but transaction volumes and ecosystem activity remain weak. Meanwhile, competitors like Solana and Sui have surged ahead, boasting lower fees, faster speeds, and superior token performance.
Key challenges for Ethereum:
1ïžâŁ Intensifying competition: Solana & Sui continue to attract users and developers with cost-efficiency and robust ecosystems.
2ïžâŁ Lack of innovation: No major upgrades or features have reignited market interest.
3ïžâŁ Market shift: Rival protocols are consolidating their lead, eating into Ethereumâs dominance.
đĄ What Ethereum needs to do:
âą Scale with Layer 2 solutions to improve cost and performance âĄ
âą Launch innovative upgrades to excite users and developers đ„
âą Strengthen incentives to revive ecosystem activity and regain momentum đŻ
Without bold steps, Ethereum risks falling further behind as competitors seize the spotlight.
Can Ethereum regain its status, or is the tide turning permanently? đ