Ethereum: Former king, now in trouble

Ethereum, once the big brother in the currency circle, is now faltering. Although the old team still has illusions, the on-chain ecology and currency price have lagged far behind SOL. Since the beginning of the year, ETH has slipped from 4K to hovering around 2.5K. Its continued weakness is attributed to multiple factors:

Weak demand: L2 has a high degree of overlap with the main chain, and Restaking has not significantly increased demand;

Macro tightening: ETF flexibility intensifies cash-out pressure;

PoS cost structure: low cost for validators, no clear shutdown price support; spot contract Junyang👉@点这里 加密乘风

Historical baggage: Conservative strategies and inefficient splits restrict development.

The six sins of the Ethereum Foundation:

Corruption: insider transfer of benefits;

Bloated and inefficient: resources are unevenly distributed and innovation is hindered;

Opaque: financial ambiguity, lack of trust;

Ideology comes first: development is ignored and “licking culture” prevails within the ecosystem;

Inaction: loss of high-quality projects and weak marketing;

Innovation stagnates: iteration is slow and competitiveness declines.

Vitalik Controversy: Recent frequent large-value transfers have raised questions about decentralization beliefs, and its behavior may deviate from the propaganda concept.

Investment advice: BTC is a stable first choice, SOL is young and energetic, BNB has great potential, and ETH is hard to be optimistic due to POS transformation and foundation issues.

Summary: Ethereum is facing internal and external troubles, and its former glory is gone. Investors should choose carefully, BTC and SOL may be better options. In the future, the market will continue to pay attention to how the Ethereum community responds to doubts.

Ending: BTC is like a rich woman sitting firmly in the treasury, SOL is like a rising star on Wall Street, and ETH is like the eclipsed middle class. On the road of investment, only by making rational choices can you move forward steadily. For more exciting news, stay tuned for my daily strategies. #Telegram创始人获保释 #英伟达财报 #OpenSea收到韦尔斯通知 #以太坊基金会 #美联储何时降息？