According to CoinDesk, cryptocurrency management company Bitwise stated in a report on Tuesday that Ethereum (ETH) seems to be less popular now, but its underperformance may reverse before the end of the year.

Bitwise pointed out that the price of Ethereum has not changed much since the beginning of the year, while Bitcoin (BTC) has risen by 38% and Solana's SOL has risen by 31%. The report states that the recent underperformance of Ethereum is due to risks related to the November US presidential election, increasing competition from Solana and other memory blockchains, a challenged token economy, and mixed reactions from the launch of US Ethereum spot exchange traded funds (ETFs).

However, the situation is not entirely pessimistic. Bitwise points out that the majority of stablecoins are issued on Ethereum, with over 60% of decentralized financial (DeFi) assets locked onto this blockchain, and the popular prediction market Polymarket also settles on this Layer 1 chain. Bitwise investment gains, Matt Hougan wrote:

Ethereum has the most active developers, active users, and a market value five times larger than its closest competitors

Hougan also stated that Ethereum is "like Microsoft in a memory blockchain," and everyone wants to talk about newer companies and their game changing technologies such as Google, Slack, and Zoom, "but Microsoft is still bigger than them combined.

The Bitwise report states that the challenge of Ethereum is not "life or death" and the market may re evaluate the cryptocurrency as the US election approaches, stating that "it looks like a potential reverse bet before the end of the year".

(责任编辑：基金数据)

• ·股票静默期-股票静默期是什么意思
• ·Raydium LaunchLab上线以来创建代币数超11.9万枚，毕业率为0.21%
• ·股票拉升意思-股票拉升意思是什么
• ·怎么注册云币账号
• ·区块链大行情
• ·geth钱包教程-geth 钱包
• ·银行理财投资股票-银行理财投资股票有哪些
• ·btc硬钱包
• ·红贝壳交易平台-红贝壳交易平台官网
• ·研发费用加计扣除是否需要备案
• ·全球链在哪个平台-全球链圈下载app
• ·特朗普称与俄罗斯总统普京通话“非常顺利” 积极推动俄乌谈判进程
• ·noah币今日价格-noa币行情
• ·ltc钱包linux
• ·Animoca 或将美国上市，能救 GameFi 吗？
• ·Coinbase 加入标普 500 对加密货币未来有何意义？