#ETHProspects $ETH

ETH

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Is Ethereum's weak performance a cause for concern or an imaginary opportunity? (Santimento)

- A new report from market analysis platform Santiment analyzes the factors behind Ethereum's poor performance.

According to the analysis, the crypto community has criticized Buterin for regularly selling large amounts of #ETH . While the #Ethereum co-founder has repeatedly explained that these sales were made for personal expenses or to support blockchain-related projects, community members see them as a sign that he may be unsure about the future of the network.

amid growing concerns about the future of Ethereum and its decentralization, Buterin's ETH sales have been causing overselling among traders for several weeks. Some market participants argue that Buterin, several major players and the Ethereum Foundation have too much control over the network thanks to their large ETH holdings.

Among those players are Coinbase, #Binance and Lido Finance, whose influence has raised concerns about centralization. Whose influence has users concerned about centralization. Additionally, users are concerned that Ethereum is following government regulations in some cases, such as blocking transactions of crypto-mixer Tornado Cash.

Is that a good sign?

From a more technical perspective, Ethereum's poor performance is Some analysts believe it could be due to the decision to modularize. Modularization refers to the division of Ethereum's responsibilities into smaller, specialized projects called second-tier solutions.