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：白银TD)

• ·计提递延所得税资产分录怎么做
• ·火币吧
• ·e火币
• ·期间费用包括哪些
• ·小蚁antshares价格
• ·10月31日兴全多维价值混合A净值增长1.12%，近3个月累计上涨16.75%
• ·拍拍贷上征信吗？想要了解一下拍拍贷的情况。
• ·火币网资金密码是什么
• ·审计的询证函费用怎么记账
• ·10月31日富国天盛灵活配置基金净值增长0.21%，近3个月累计上涨9.51%
• ·火币网融资
• ·10月31日易方达科技智选混合A净值下跌0.47%，近1个月累计下跌0.66%
• ·瑞银将美股评级下调至中性引发关注
• ·10月31日华夏行业龙头混合净值下跌0.19%，近1个月累计下跌0.93%
• ·人人贷网上申请贷款流程是什么？想从人人贷申请一笔贷款。
• ·虚拟货币为什么有价值 虚拟币为什么值钱