Bitwise: Ethereum Fundamentals Remain Strong, Critics Overlook 3 Key Insights
Article is form Jinse
September 18, 2024
This article is translated by ChatGPT Show original
"Gold Finance reported that Bitwise officially posted on X, saying, 'Ethereum's slump has attracted some detractors. They ignore the following: over half of all stablecoins are on the Ethereum chain. Over 60% of DeFi assets are locked on Ethereum. Polymarket has landed on Ethereum. By the end of 2024, ETH looks like a potential contrarian bet.'
Previously, Bitwise CIO Matt Hougan said that ETH now seems ignored, but as the year draws to a close, its poor price performance could reverse."
Source
1. Disclaimer: The views expressed are solely those of the author and do not reflect the stance of Gen3. They are not intended as investment advice.
2. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as investment or other advice.