- 10x Market Updates
- Posts
- Will 2025 Be the Year Ethereum Finally Takes Off?
Will 2025 Be the Year Ethereum Finally Takes Off?
π1-15) While we appreciate Ethereum's occasional rallies and crashes, as volatility creates opportunities, 2024 has raised serious questions about Ethereum's value proposition. Competing chains and protocols have increasingly outperformed Ethereum, challenging its dominance. Remember the term "ETH flippening BTC" that gained traction during the 2020/2021 bull market?
π2-15) Additionally, concerns have emerged about the commitment and focus of Ethereum's leadership in advancing its mission to provide a decentralized platform for building and deploying smart contracts and decentralized applications (dApps), which aims to foster innovation and economic freedom.
π3-15) The three major Ethereum catalysts of 2024 have largely fallen flat, adding little value overall. The Dencun upgrade in March arrived six months too late, missing the peak of the meme coin craze, which had already shifted to the more cost-effective Solana alternative.
Bitcoin (LHS) vs. Ethereum (RHS)
Market Updates
Become a paying subscriber of Market Updates to get access to this post and other subscriber-only content.
Already a paying subscriber? Sign In.
Most comprehensive, unbiased digital asset research for traders and institutions:
- β’ Receive 2-4 concise, informative Market Updates reports per week.
- β’ We cover everything that impacts the price of Bitcoin and other major cryptos, from on-chain data to macro and market structure (funding rates, money flows, etc.). Our insights are trusted by some of the largest hedge funds and traders in the industry.
- β’ You'll gain full access to our in-depth 'Market Update' analysis, informed by our experience at leading investment banks like Goldman Sachs, Morgan Stanley, and JP Morgan, as well as managing hedge fund capital at Millennium.
- β’ We rigorously backtest our insights and are unafraid to call bullish or bearish market conditions. Our research is unique and grounded in solid financial analysis, offering perspectives you won't find anywhere else.
- β’ --------------
- β’ Our clients include hedge funds, traders, liquidity providers, exchanges, family offices, proprietary traders, institutions, high-net-worth individuals (HNWIs), CEOs of major listed Bitcoin mining companies, executives from crypto service providers, TradeFi portfolio managers, etc.