According to PANews, Matrixport's analysis indicates that Ethereum's gas fees have been on a decline since the March 2024 upgrade, yet the ecosystem's activity remains subdued. The sluggish transaction volumes suggest that Ethereum may face significant hurdles in achieving a substantial price increase by 2025. In 2024, Ethereum encountered strong competition from alternative protocols like Solana and Sui, which have attracted more users and whose tokens have outperformed Ethereum throughout the year. The analysis highlights that without significant positive developments, Ethereum might continue to lag in 2025, while competing projects are expected to further strengthen their positions.

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