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：商业)

• ·火币比特股
• ·波导股份：股票交易异常波动，短期涨幅大且存经营与披露风险
• ·火币网招聘
• ·中国重工收盘跌3.5%，主力资金净流出4.11亿元
• ·钱包助记词的灵活性与安全性解析
• ·10月31日富国致弘量化选股股票A净值下跌0.10%，近1个月累计下跌1.68%
• ·以太币挖矿钱包怎么弄-以太币挖矿钱包怎么弄的
• ·港股月初反弹后回调 三大指数单月集体跌超3%
• ·火币朱嘉伟
• ·10月31日大成内需增长混合C净值下跌0.68%，今年来累计下跌4.04%
• ·Based周刊第4期：Base生态正在重新定义Web3体验
• ·10月31日汇添富高端制造股票C净值下跌1.38%，近1个月累计下跌4.43%
• ·火币网提现认证
• ·qt钱包覆盖
• ·红冲发票怎么写分录
• ·10月31日兴业成长动力混合C净值下跌0.37%，近1个月累计上涨1.07%