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ETH $2,161.76 -6.81%
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XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $452.89 -3.75%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9631 -6.35%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

Matrixport: Ethereum may face greater challenges in 2025, with significant resistance to price increases

2024-12-31 15:04:36
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ChainCatcher news, Matrixport officially stated on social media that the decline in Ethereum gas fees reflects the continued low activity in its ecosystem since the upgrade in March 2024. Coupled with persistently low trading volumes, achieving a significant increase in ETH prices in 2025 may face considerable resistance.

Matrixport further added that in 2024, Ethereum faced strong competition from alternative protocols like Solana and Sui, which successfully attracted more users, leading to their tokens outperforming Ethereum throughout the year. Without significant positive news to stimulate it, Ethereum may continue to be at a disadvantage in 2025, while competing projects are expected to further expand their advantages.

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