Cryptocurrency Q&A
Why is Ethereum not going up?
Why is Ethereum not going up?
Elena
Wed Jan 08 2025
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7 answers
1484
I've been watching Ethereum for a while and I'm wondering why its price is not increasing. It seems to have stagnated and I'm curious about the reasons behind this trend.
7 answers
Ilaria
Thu Jan 09 2025
Ethereum is currently encountering two significant near-term obstacles that seem to be hindering its progress.
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DigitalDragon
Thu Jan 09 2025
Another challenge that Ethereum is facing is the growing supply of its native cryptocurrency, Ether (CRYPTO: ETH). This increasing supply is putting pressure on the price growth of Ether, as the law of supply and demand dictates that an increase in supply can lead to a decrease in price.
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BlockProducer
Thu Jan 09 2025
Despite these near-term challenges, Ethereum still has a strong potential for long-term growth. There are several tailwinds that could propel Ethereum's price higher in the future.
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DigitalDynastyGuard
Thu Jan 09 2025
One of the primary challenges faced by Ethereum is the intense competition from newer and more efficient Proof of Stake (PoS) blockchains. These blockchains, such as Solana (CRYPTO: SOL) and Cardano (CRYPTO: ADA), offer faster transaction speeds and improved scalability.
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CryptoVeteran
Thu Jan 09 2025
Solana, in particular, has gained significant traction due to its ultra-fast transaction speeds and low fees, making it a viable alternative to Ethereum for many users.
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