Tiger or sick cat? Will this bull run skip Ethereum? 👀👀👀

Ethereum may be overlooked by investors in a potential rally in 2024-2025 as it is going through an awkward phase of “adolescence”.

It looks too slow and expensive compared to various types of second-layer solutions.

While second-layer solutions are essential for the scaling of a blockchain like this and reflect the vision of its founders for its progress, this is not in the best interest of its most obvious investors.

Memecoin proponents and dApp users are too focused on alternative second-layer/third-layer blockchains, while institutional “big money” is heading for Bitcoin.

US approval of a spot ether ETF could change the status quo, so Ethereum is going through the challenges of its “adolescence” while “baby chains” are looking for shortcuts and may look more attractive in the medium term.

Meanwhile, as of Q2 2024, the argument for Ethereum optimists also looks strong. Ethereum is stronger than it was in 2020, with viable over-hyped second-layer solutions and zkEVM driving innovation and attracting value.

With “solid monetary economics” consolidated by the implementation of ERC 4337, it remains the only profitable blockchain, while its competitors are not even close to this status.

In addition, despite the growing audience of alternative blockchains, the Ethereum mainnet remains the root chain of 1,000 blockchains.

Currently, the price of Ethereum is $2,925, down 3% in the past 24 hours, and it still faces considerable resistance.

In the retracement market, you must protect your position so that you can expand your profit in the subsequent rebound. If you are really unsure, you can not operate and wait for the market to turn around.

Follow Zhifei, lead the buoyant honey horse, look carefully, go up 🚗\/👇👇👇

S🚗O🚗L🚗8🚗8🚗3🚗3