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Ethereum

Experts Say Ethereum’s Issues Are Hindering Its Leadership in the Defi Ecosystem.

The debate about whether Ethereum could be used as the Swiss Army in the crypto-verse has rekindled after DeFi, gaming and NFT have enjoyed a surge in popularity.

But the current situation isn’t very encouraging. Retail users, techies, large investors, and techies are starting to be concerned by the impact of excessive fees, long confirmation periods, slow updates, and slow approvals.

Ethereum developers should focus on L1

Despite the challenges of providing a satisfying user experience, Ethereum developers have begun to look at rival blockchains to increase their market share and expand their reach.

Blockchains like Solana, Binance Smart Chain, and Avalanche have seen a significant rise during 2021, cementing themselves as more efficient alternatives to Ethereum and its upgrade to Proof of Stake that is not quite there yet.

According to Nicholas Merten, creator of the YouTube channel DataDash, Ethereum’s advantage of being the blockchain used by all is losing ground as time goes on.

Merten explained in a Twitter thread that arguments for Ethereum might not be able to hold up over time. Merten believes that L2s (scalability options built on top the original blockchain) may not be practical and will have little impact on adoption.

4.) L1 should be much less

Rollups can reduce costs (L2) but only if more users are moving from L1 to L2.

We need large players to sponsor the cost for bridging for existing users, and reward programs to LPs who move up to L2, etc.

— Nicholas Merten (@Nicholas_Merten) November 20, 2021

Merten, for example, claims that people would prefer to pay $0. 01 in Solana fees instead of paying $0. 04 to transact on Polygon –the cheapest L2 solution on Ethereum.

For Merten, Ethereum developers need to focus on making L1s (on chain transactions) more efficient and cheaper. People will have to pay higher fees as smart contracts become more complicated.

Merten believes Ethereum needs better marketing. A team should not only be skilled in technical development, but also capable of keeping the community excited and engaged.

Three Arrows Capital Drops ETH Bets on Avalanche and ETH (AVAX )

This view is apparently spreading among institutional investors.

Within hours of Merten’s tweet Zhu Su, CEO of Three Arrows Capital, announced that he had dropped Ethereum to concentrate on Avalanche, a rival blockchain. His Twitter bio describes him as an “AVAX, crypto and DeFi (and) NFTs investor.”

Zhu Su’s words were not exactly beautiful:

Yes, I have given up on Ethereum despite having supported it in the past.

Yes Ethereum abandoned its users, despite having supported them in the past.

It is gross to sit around and watch the burn while concocting purity test formulas, when no newcomers have the means to afford it.

— Zhu Su (@zhusu) November 21, 2021

Zhu Su explains how Ethereum, in current conditions, benefits OGs. However, in a global adoption environment with new users trying out the technology, prohibitive fees for network access should not be a problem.

Zhu Su isn’t the only one. Antonio Juliano, the founder of dYdX a DeFi protocol that runs on Ethereum, agreed with him even though his harsh words were painful.

[risky tweet of the day 🙈]

This is a harsher statement than I would like to make, but I do agree

.

Ethereum did not execute in the last few years. I can’t think of a single 10x useful improvement Ethereum has made in the past *4 yearshttps://t.co/TpS6obIVCj

— Antonio | dYdX (@AntonioMJuliano) November 21, 2021

Ethereum claims to resolve these problems by implementing Ethereum 2.0 a Proof-of-Stake Blockchain that will have very low fees and a high level of scalability.

However, this solution is taking a long , so large investors can only hope it doesn’t take too much time once it launches.

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Ethereum

Ethereum Price Stalls as Lightchain AI Launches Developer Grant Program

This content is provided by a sponsor. PRESS RELEASE. Ethereum prices have remained relatively flat, causing crypto investors to shift their gaze to new opportunities poised to disrupt the blockchain landscape. One such opportunity making waves is the Lightchain AI Developer Grant Program. With its unique focus on integrating artificial intelligence (AI) with blockchain technology…
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Ethereum

Crypto Price Analysis April-18: ETH, XRP, ADA, SOL, and HYPE

This week, we examine Ethereum, Ripple, Cardano, Solana, and Hype in greater detail.

Ethereum (ETH)

It was a quiet week for Ethereum that only managed a small 1% price increase. This is because, lately, it has been moving sideways around $1,600. This lack of momentum shows indecision with market participants unsure if the ETH downtrend will resume or not.

The current price action is similar to early March, when Ethereum hovered around $1,900 for about a week before sellers returned. If nothing changes, ETH may fall to its key support at $1,400.

Looking ahead, this cryptocurrency continues to show weakness. The lack of momentum is concerning, and buyers have to break the resistance at $1,800 to bring back optimism.

ETHUSDT_2025-04-18_17-22-27
Chart by TradingView

Ripple (XRP)

This week, XRP managed to defend its key support at $2 and booked a 2% price increase. This is a positive sign that shows buyers are serious about keeping this cryptocurrency above $2.

While the bullish momentum is not there yet, the current price level can serve as a great pivot point for higher levels in the future, with $2.3 and $2.6 as key targets before the major resistance at $3.

Looking ahead, XRP has a good chance to return on a sustained uptrend in the medium term and aim for $3. To achieve that, buy volume has to increase considerably in the future.

XRPUSDT_2025-04-18_17-23-07
Chart by TradingView

Cardano (ADA)

While XRP has found good support, the same cannot be said about ADA. It failed to reclaim its previous support at $0.64, which is now acting as a resistance, with sellers having an advantage on the chart.

If buyers remain absent, then the next key support levels will be found at $0.5 and $0.45. While the daily MACD turned bullish, the buy volume is simply not there to challenge the resistance at $0.64.

Looking ahead, Cardano is found in a flat trend with buyers unable to make their presence felt. For this reason, it is unlikely to see any major moves from this cryptocurrency at this time.

ADAUSDT_2025-04-18_17-24-09
Chart by TradingView

Solana (SOL)

Solana increased by 13% this week, making it the best performer on our list. This comes after the price broke above $118, which used to act as resistance.

This uptrend may continue uninterrupted until $150 where sellers returned in the past, most recently in late March. While the path is clear for higher levels, buyers will need to turn $150 into a key support if they want to sustain this rally.

Looking ahead, SOL is experiencing a relief rally after its most recent drop. While sellers are absent right now, they can return once the price approaches the key resistance at $150. Best to be cautious there.

SOLUSDT_2025-04-18_17-23-49
Chart by TradingView

HYPE is the second-best performer on our list this week with a 10% price increase. This comes after it entered a sustained rally since touching $9. Considering it reached $17 recently, that means it jumped by over 80% within a relatively short period of time.

While its rally in early April was quite strong, sellers have started to make their presence felt more in the past week with each new high being met by increased sell pressure. This can also be seen on the daily sell volume which is making higher highs.

Looking ahead, HYPE had a fantastic run, but this is starting to show some weakness with buyers becoming exhausted. This is why a pullback becomes more likely at these levels since sellers are returning.

HYPEUSDT_2025-04-18_17-25-27
Chart by TradingView
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

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Ethereum

Ethereum Sees 77K ETH Moved to Derivatives – Market Prepping for Another Drop?

Although Ethereum has shown a slight rebound recently, its overall 2025 performance remains underwhelming. So far this year, the altcoin has shed over 50% of its value.

Current on-chain data indicates that ETH could be heading for yet another downward price move.

ETH Price at Risk

According to CryptoQuant’s latest macro and on-chain analysis, derivative exchange inflows surged by over 77,000 ETH on April 16th – the largest single-day net inflow observed in recent months. The sharp uptick follows two previous inflow events on March 26 and April 3, both of which coincided with painful declines in Ethereum’s price.

The pattern, validated by historical data, points toward increased hedging or short-selling activity as large players move ETH onto derivative platforms.

Interestingly, the inflow spike aligns with growing global macroeconomic tensions, notably escalating trade friction between the US and China. Beijing’s latest retaliatory tariffs on US agricultural and tech goods have unsettled risk markets across the world.

In past episodes, similar geopolitical stressors have prompted a shift away from riskier assets like cryptocurrencies and into safe-haven investments such as US Treasuries and the dollar, compounding bearish sentiment across digital assets.

Ethereum, already trading near multi-month lows around $1,500, could face additional pressure if the inflow-driven trend continues. CryptoQuant’s data highlighted the significance of these derivative exchange moves, and focused on three key inflection points – March 26, April 3, and now April 16 – each followed by visible price weakness.

Analysts suggest that the size and timing of the latest inflow likely indicate institutional entities positioning for further downside. As both macro headwinds and on-chain signals flash red, Ethereum’s near-term trajectory appears increasingly precarious.

Amidst this macroeconomic uncertainty and increased ETH inflows to derivative exchanges, Ethereum whales have offloaded approximately 143,000 ETH over the past week. The sell-off trend may indicate a broader bearish sentiment, which could trigger further selling pressure in the coming days.

Low ETH Fees Signal Opportunity?

Despite ongoing macro and on-chain pressures, Santiment pointed to one contrarian signal worth noting – Ethereum transaction fees have fallen to a five-year low, averaging just $0.168. This drop reflected lower network activity, as fewer users are transacting or interacting with smart contracts like DeFi and NFTs. Since fees are based on network demand, low usage leads to cheaper transactions.

Santiment noted that from a trading perspective, historically low fees like these often precede price rebounds, which makes current levels generally considered lower risk for buyers. While not a guaranteed signal, fee levels under $1 typically suggest decreased crowd interest – an environment where past trends have sometimes marked price turning points.

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