Ethereum Bulls Face Doubts as CEO Predicts No New Record Highs

Despite a promising year for Ethereum, some experts remain skeptical about its long-term potential. Canary Capital CEO Steven McClurg has expressed his belief that the cryptocurrency’s growth is driven by recent ETH exchange-traded fund (ETF) launches and will ultimately be unable to reach new all-time highs. He believes newer, faster, and more secure blockchain protocols have surpassed Ethereum in its technological advancements.