Matrixport: Ethereum may achieve a strong rebound in 2025

ChainCatcher news, Matrixport released a report stating that in the 2024 Bitcoin bull market, Ethereum seems to have failed to keep pace with the market. Bitcoin's dominance rose from 50% to 61% at one point, then fell back to 54%, while Ethereum's dominance dropped significantly from 18% to 12%.

This decline was particularly evident after the listing of the Ethereum ETF, with its dominance showing a nearly linear downward trend. Meanwhile, market focus has gradually shifted towards Solana and other emerging blockchain ecosystems.

However, 2025 may become a key turning point for Ethereum. The inflow of funds into the Ethereum ETF has been strong, which may attract traditional financial institutions (TradFi) to accelerate their entry and begin to accumulate Ethereum on a large scale, as mentioned in our report last week. Although Bitcoin is the main player in this market cycle, Ethereum may become a "dark horse" and achieve a strong rebound in the future.