Coinbase: Ethereum could see unexpected gains in the coming months
2024-05-17 10:11:05
Coinbase (COIN) said in a research note on Wednesday that Ethereum's performance this year has lagged the broader cryptocurrency market, but its long-term positioning remains strong and it has the potential for unexpected gains. "Ethereum could see unexpected gains in the coming months," the report said, noting that the cryptocurrency does not have "major sources of supply-side excess," such as pressure from token unlocking or miner sales.
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