Analysts Say Ethereum Struggles as Competition Intensifies: FT

Ethereum faces growing competition from faster, cheaper blockchains as experts warn of declining momentum and investor interest. Analysts cite shifting activity to Layer 2 networks, weakening DeFi prospects, and rising speculative trends like memecoin trading as key challenges. source: https://cryptonews.com/news/analysts-say-ethereum-struggles-as-competition-intensifies-ft/