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While Ethereum may seem powerless right now
My guess is that it's condensing to go up.
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Ethereum is experiencing growing pains given the role it has played in this market so far.
As strong as it has been so far, we can expect to see a rotation of funds based on ETF inflows if the currently somewhat atrophied Ethereum community becomes more robust.
However, as popular as it was, the slow growth is likely due to the fact that other mainnet blockchain services are being activated rather than the network fees being a persistent and self-sustaining issue.
I'll note
That's a great comment.