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：基金专题)

• ·什么气候在什么纬度
• ·GENIUS法案通过：稳定币监管新时代来临，哪些加密资产将受益？
• ·在淘宝卖股票
• ·10月31日东海消费臻选混合发起式C净值下跌0.30%，今年来累计下跌9.5%
• ·计算矿机收益软件
• ·保险交费可以自动扣款到银行卡吗？
• ·美借分期第二次秒拒的原因是什么？第一次还可以成功借到的。
• ·火币网注册
• ·李林火币
• ·10月31日恒越成长精选混合C净值增长0.63%，近3个月累计上涨12.73%
• ·火币微博
• ·保险的投保人可以自己购买吗？
• ·Arthur Hayes 更新投资组合，称今年加密货币市场可能面临“严重回调”
• ·绝不要低估美国稳定币《天才法案》意义
• ·YAM币最近价格-yam币价格行情
• ·海火币