"Ethereum is dead", "V God is picking up girls without caring about Ethereum", the price performance of Ethereum this year is even more bleak, especially compared with the impressive growth of $SOL and SUI. Many people are holding on to their coins and waiting to sell, and have not tasted the sweetness of the rise in Ethereum prices this year, resulting in various negative comments.
This kind of negative sentiment is everywhere in Binance Square and even x. To be honest, this kind of blind man touching an elephant-like view of the masses once blinded the author's vision, so that he did not place an order when ETH was $2,500. It was not until I collected information about the various advantages and disadvantages of ETH that I made up for the loss by buying some stocks.
Due to space constraints, to make a long story short.
The following are reasons why ETH's price will rise significantly next year.
A, The overall market environment is on the eve of a bull market, which has reached a consensus, so there is no reason for ETH's price not to rise after BTC's significant increase.
B, Since the 'Trump Trade' in mid-November, the price of $ETH has actually risen from $2500 to today's $3650, an increase of 40%. Although this increase is not as much as $XRP or $ADA, you cannot say it hasn't risen.
C, ETH fundamentals are stable and improving.
1. The issuance of USDT on Ethereum has already surpassed that on Tron (token $Trx);
2. Among all public chains, Ethereum accounts for 56% of the assets.
3. Major institutions hold ETH ETFs and are secretly increasing their positions. Furthermore, after Trump takes office in January, it is highly likely that the Ethereum ETF staking issue will be resolved.
4. Ethereum is undergoing a significant technical upgrade in January known as Pectra. This upgrade will greatly improve user experience, such as supporting other stablecoins for gas payments, increasing contract creation efficiency, and reducing ETH transaction fees, which is worth looking forward to.
Given the above reasons, I believe ETH will perform well next year. However, from the user's perspective, Ethereum's gas fees are really too high, and its PoS mechanism seems to be driving away small retail investors. A couple of days ago, Binance launched $Morpho; although the interest rate reached 46%, seeing Ethereum's gas fees at $6.5 per transaction, comparable to a casino's cut, I gave up immediately. I hope for reductions in the future.$ETH Reduce transaction fees.#ETH持续飙升