Cryptocurrency Q&A Why is ETH not going up?

Why is ETH not going up?

Giulia Giulia Thu Dec 26 2024 | 7 answers 1710
I've been watching Ethereum's price for a while and it seems to be stagnant. I'm wondering why ETH is not going up in value despite the increasing popularity of cryptocurrency and blockchain technology. Why is ETH not going up?

7 answers

Sebastiano Sebastiano Sat Dec 28 2024
Ethereum appears to be encountering two immediate obstacles that are hindering its progress.

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SamuraiSoul SamuraiSoul Sat Dec 28 2024
One of the primary challenges that Ethereum is facing is the intense competition from newer and quicker Proof of Stake (PoS) blockchains.

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CryptoGladiator CryptoGladiator Sat Dec 28 2024
Blockchains such as Solana and Cardano have emerged as formidable competitors due to their advanced features and capabilities.

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BlockchainMastermind BlockchainMastermind Fri Dec 27 2024
These newer blockchains are attracting users and investors who are seeking faster transaction speeds and lower fees.

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Tommaso Tommaso Fri Dec 27 2024
In addition to the competition, Ethereum's increasing supply is also posing a threat to its price growth.

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