Matrixport said that the decline in Ethereum gas fees reflects that the active level of its ecosystem has remained low since the upgrade in March 2024. Coupled with the continued low trading volume, the ETH price will see a significant increase in 2025 or face significant resistance.
In 2024, Ethereum encountered strong competition from alternative protocols such as Solana and Sui, which succeeded in attracting more users, resulting in its token outperforming Ethereum throughout the year. Without significant positive news to spur it, Ethereum is likely to continue to lose ground in 2025, while competing projects are expected to further extend their advantage.
Matrixport: Ethereum price to rise sharply in 2025 or face greater resistance
2024-12-31 07:06:03
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