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：汇率)

• ·主流币交易平台哪个好 虚拟币主流币交易所排名
• ·10月31日汇丰晋信中小盘低波动策略股票C净值下跌0.29%，今年来累计下跌8.24%
• ·什么国等于什么天气-什么什么国是
• ·机构加仓、生态势头良好，比特币牛市延续有戏？
• ·上年年终奖今年发按哪年的个税政策
• ·10月31日诺德兴新趋势混合A净值下跌0.28%，近1个月累计下跌7.25%
• ·股票配置比例
• ·请问重庆市住房公积金贷款条件有哪些？今年想在重庆买房。
• ·空车什么后天气什么-
• ·袁大伟火币
• ·详细了解BE币是什么币种？BE币怎么样？
• ·请问简单借款上征信吗？我在简单借款上贷了一笔款，马上到还款日了。
• ·保健品增值税税率是多少
• ·10月31日国投瑞银核心企业混合净值下跌0.54%，近1个月累计下跌3.56%
• ·澳洲联储降息25个基点，就特朗普贸易战发出严厉警告
• ·库神钱包在那能买到