PANews reported on December 31 that according to Matrixport analysis, Ethereum Gas fees have continued to decline since the upgrade in March 2024, and the ecosystem activity remains sluggish. Coupled with weak trading volume, ETH prices may face great resistance to a significant increase in 2025. In 2024, Ethereum encountered strong competition from alternative protocols such as Solana and Sui, which attracted more users and whose tokens outperformed Ethereum throughout the year. The analysis pointed out that without significant positive news stimulus, Ethereum may continue to be at a disadvantage in 2025, while competing projects are expected to further expand their advantages.
