Matrixport: Ethereum dominance rate may rebound in 2025
On December 16th, Matrixport analysis showed that Ethereum failed to keep up with the market pace in the Bitcoin bull market of 2024, with its dominance dropping significantly from 18% to 12%, while Bitcoin dominance climbed to 61% at one point. The launch of Ethereum ETF failed to reverse this trend, and market focus gradually shifted to emerging blockchain ecosystems such as Solana. However, the report points out that 2025 may be a key turning point for Ethereum. The inflow of funds into Ethereum ETF may attract more traditional financial institutions (TradFi) to enter the market, pushing Ethereum to become the "dark horse" of the market and achieving a strong rebound in the future.
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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This is an excerpt from the 21st edition of The Funding sent to our subscribers on Feb. 9.The Funding is a fortnightly newsletter written by Yogita Khatri, The Block’s longest-serving editorial member.To subscribe to the free newsletter, click here.