Santiment: Ethereum is under short-term pressure, but its long-term prospects are still viewed positively
Analyst Brianq from the on-chain analysis company Santiment stated that Ethereum (ETH) has recently seen a market value decline of 4.7%, far behind XRP and Solana's increases of 36.9% and 32.2%. This sparked controversy over Vitalik Buterin selling ETH, its degree of decentralization, and modular strategy. Despite short-term pressure, the growth in active Ethereum addresses and stable market share are considered to contribute to its long-term strategy to maintain a leading position in the blockchain field. The high negative sentiment on social media may provide opportunities for contrarian investors.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BlackRock IBIT Continues 9 Days of Inflows, Increases BTC Holdings by $1.6 Billion
Data: Circulation of USDC increased by approximately 12 billion in the past 7 days
The net inflow of spot Ethereum ETFs in the United States was $1.0456 yesterday
Semler Scientific Increases Bitcoin Holdings by $10 Million, Total Holdings Reach 3,303 BTC
Trending news
MoreCrypto prices
More








