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)

• ·家政保洁公司的账务怎么处理
• ·游客是什么意思-普陀山签证游客是什么意思
• ·专门借款和一般借款怎么区别
• ·吴忌寒如何
• ·袁大伟火币
• ·世茂集团(00813)：上海世茂前三季度归母净亏损约27.24亿元 同比扩大28.12%
• ·税负率是按月来计算还是按年
• ·中国金茂(00817)10月31日发行638.3万股代息股份
• ·比特币中国与火币网
• ·酿酒行业31日主力净流出8.08亿元，五粮液、洋河股份居前
• ·市值前五大以太坊Layer2网络项目及代币盘点介绍
• ·CryptoQuant CEO称若比特币突破10万美元将承认判断错误
• ·存货跌价准备可以税前扣除吗
• ·meme币怎么注册 meme币交易所注册教程(最新)
• ·火币手机交易
• ·宝信软件收盘跌1.14%，主力资金净流出1.06亿元