š **Ethereum: The Old One Who's Still Mighty?**
- Ethereum is facing a tough test, guys! Its performance is sluggish, its regulations are unclear, and competitors like Solana are getting fiercer.
- However, Matt Hougan, CIO of Bitwise, remains optimistic. According to him, Ethereum is still the king in the stablecoin and DeFi sectors.
- MarketWatch data: Ethereum flat, Solana up 23%, Bitcoin jumps 42%. But don't be too quick to dump Ethereum, says Hougan.
- "It's cool to hate Ethereum right now," he says. "But then it'll look ridiculous."
- Ethereum still has the most developers and active users, and a market cap 5x larger than its closest competitor.
- Hougan believes that even though Solana and others are cool, Ethereum is still the "Microsoft of blockchain."
- Let's discuss in the comments column! What do you think about the future of Ethereum? š