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Matrixport: Ethereum may face greater challenges in 2025, and the rise in its price may encounter significant resistance

Matrixport: Ethereum may face greater challenges in 2025, and the rise in its price may encounter significant resistance

Bitget2024/12/31 08:00
ETH+3.47%

Matrixport officially stated on social media that the decline in Ethereum Gas fees reflects that its ecosystem activity remains sluggish after the upgrade in March 2024. Coupled with continued low transaction volume, ETH prices face significant resistance to substantial increases in 2025.

Matrixport further stated that in 2024, Ethereum faced strong competition from alternative protocols such as Solana and Sui. These platforms successfully attracted more users, resulting in their tokens outperforming Ethereum throughout the year. Without significant positive news stimulation, Ethereum may continue to be at a disadvantage in 2025, while competing projects are expected to further expand their advantages.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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