🚨 Is Ethereum in Trouble or Just Evolving? 🚨
A recent report from Messari stirred the crypto community, revealing Ethereum’s revenue dropped 75% year-over-year. August alone brought in only $39.2M—making it one of the weakest months since 2021. Interestingly, this comes while ETH itself has jumped +73% this quarter. Some critics argue that wallet activity, L2 growth, and network expansion mean little without solid economic results.
🔥 On the other hand, many analysts believe rising app adoption and strong stablecoin demand suggest this slowdown could be short-term rather than a long-term decline.
So, is Ethereum’s current rally standing on shaky ground—or could it be laying the foundation for its next major phase?
