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：银饰)

• ·FARTCOIN：memecoin 的下一个目标会是 1.5 美元吗？——如果会，会怎样？
• ·妈妈过生日送什么花
• ·火币网的钱包地址
• ·元宝网如何众筹
• ·扩盈币价格-币圈扩容是什么意思
• ·车贷利息多少
• ·火币资金密码
• ·全面了解与操作欧义OKX交易所，官网入口、登录方式及交易教程
• ·ifcmac钱包钱包-icc 钱包
• ·芝麻交易所ouyi加密货币钱包在线下载-芝麻交易所web3钱包免费版v6.3.7安装地址
• ·火币网以太坊价格
• ·财富趋势收盘涨2.92%，主力资金净流入5800.35万元
• ·火币网合法吗
• ·航天晨光收盘涨10.01%，主力资金净流入9576.79万元
• ·比特币未平仓合约创新高 多头蓄势待发冲刺新高点
• ·扬杰科技收盘涨1.45%，主力资金净流入2273.0万元