Matrixport: Ethereum prices may face great resistance to achieve a significant increase in 2025

 Matrixport stated that the decrease in Ethereum gas fees reflects the continued low activity in its ecosystem since the upgrade in March 2024. Coupled with sustained low trading volumes, the price of ETH may face significant resistance to achieving a substantial increase in 2025. In 2024, Ethereum will face strong competition from alternative protocols such as Solana and Sui, which have successfully attracted more users, resulting in their tokens outperforming Ethereum throughout the year. Without significant positive news to stimulate growth, Ethereum may continue to lag behind in 2025, while competing projects are expected to further expand their advantages.