Cryptocurrency Q&A Why is ETH underperforming so much?

Why is ETH underperforming so much?

KatanaBlade KatanaBlade Thu Jan 23 2025 | 6 answers 1581
ETH has been underperforming significantly recently. I'm wondering why its price has been lagging behind other cryptocurrencies. Is it due to market conditions, technical issues, or something else entirely? Why is ETH underperforming so much?

6 answers

DondaejiDelightful DondaejiDelightful Sat Jan 25 2025
The underperformance of Ethereum cannot solely be attributed to Bitcoin's dominance in the cryptocurrency market.

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Sara Sara Sat Jan 25 2025
Instead, it also arises from a multitude of internal challenges that the Ethereum network is currently grappling with.

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Sara Sara Sat Jan 25 2025
One of the primary factors contributing to Ethereum's struggles is the emergence and rise of Layer-2 (L2) networks.

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Lorenzo Lorenzo Sat Jan 25 2025
Ethereum has been facing significant struggles in recent times.

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Tommaso Tommaso Sat Jan 25 2025
These L2 networks, such as Arbitrum, Optimism, and Base, offer scalability solutions that address some of the limitations of the Ethereum mainnet.

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