Santiment: Ethereum is under short-term pressure, but its long-term prospects are still viewed positively
Analyst Brianq from the on-chain analysis company Santiment stated that Ethereum (ETH) has recently seen a market value decline of 4.7%, far behind XRP and Solana's increases of 36.9% and 32.2%. This sparked controversy over Vitalik Buterin selling ETH, its degree of decentralization, and modular strategy. Despite short-term pressure, the growth in active Ethereum addresses and stable market share are considered to contribute to its long-term strategy to maintain a leading position in the blockchain field. The high negative sentiment on social media may provide opportunities for contrarian investors.
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.
You may also like
Data: An Ethereum ICO whale deposited 2,500 ETH to a CEX in the past 14 hours

Hyperliquid: Deploying HIP-3, MVP Version Now Live on Testnet
Two Whales Sold 765,128 TRUMP Tokens 5 Hours Ago, Incurring a Loss of $2.34 Million

Trending news
MoreCrypto prices
More








