Ethereum’s Future: Bounce Back or Continued Decline?

Ethereum, long touted as Bitcoin’s top rival, has recently experienced a steep decline, shaking its position in the crypto market. Investors are now questioning whether this leading blockchain can recover, or if it is destined for further decline. 2024 hasn’t been kind to Ethereum, with developer activity waning and investor confidence plummeting after a significant price drop. The crypto market’s landscape has shifted drastically, leaving Ethereum struggling amidst fierce competition from rising blockchains like Solana and XRP’s surge in popularity.