Will Ethereum Bounce Back From Recent Losses?

Ethereum has long been positioned as Bitcoin’s leading challenger. Yet, since February, it has experienced a notable decline, losing momentum and market dominance. Investors are now wondering if ETH can recover or if it is destined for a lasting decline in the crypto market. 2024 shows Ethereum reaching its most challenging phase. Developer activity is waning, early adopters are growing impatient with the lack of progress, and investor confidence has been shaken by the recent price plunge.