PANews reported on March 25 that Geoff Kendrick, head of digital asset research at Standard Chartered Bank, said that Ethereum is in a "midlife crisis" and is still groping in the technical upgrades to enhance its appeal to a wide audience. Faced with competition from rivals, the price of ETH, the world's second largest cryptocurrency and blockchain, has fallen 40% in the past three months. Its performance is inferior to other large cryptocurrencies such as BTC, and its decline highlights ETH's fall from favor among investors. ETH is not interesting to most people, and if it is compared to Bitcoin, Bitcoin has long established the narrative of digital gold.
Opinion: ETH is underperforming other large cryptocurrencies and is in a "midlife crisis"
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Author: PA一线
This content is provided for informational purposes only and does not constitute investment advice.
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