Cryptocurrency Q&A
Why is ETH so weak this cycle?
Why is ETH so weak this cycle?
CryptoBaron
Wed Jan 08 2025
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7 answers
1644
ETH has been performing poorly in this cycle. I'm wondering why its price has been so weak compared to previous cycles. Is it due to market conditions, competition from other cryptocurrencies, or some other factors?
7 answers
Dario
Fri Jan 10 2025
Amberdata assigns ETH's bleak outlook to underlying weaknesses in its fundamentals.
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BlockchainBrawler
Fri Jan 10 2025
The cryptocurrency faces substantial challenges, as its core value proposition has shifted.
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noah_doe_writer
Fri Jan 10 2025
Initially, ETH was promoted as "sound money," characterized by a deflationary supply due to the burning of transaction fees.
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Federico
Fri Jan 10 2025
However, this has now flipped to an inflationary supply scenario.
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Claudio
Thu Jan 09 2025
This shift has occurred because nearly all DeFi transactions are now being executed on Layer 2 solutions.
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