⚰️ IS ETHEREUM DEAD? ⚰️

🔷 Ethereum ($ETH ) is a blockchain platform that allows the creation of smart contracts and decentralized applications (dApps). Being an open network, its decentralization and security allow the execution of arbitrary code

📊 We can see in the graph that Ethereum did not perform well compared to other cryptocurrencies — failing to beat its last ATH

With its constant lateralization and lack of innovation by developers, ETH has become less popular and some even speculate that it has died, citing as an example Ethereum Classic ($ETC )

having better performance than it

💀 But anyway, did it die? This issue has arisen at different points in the project's history, and let's understand why:

🪜- Scalability issues: Ethereum has faced scalability challenges, with its transactions per second being lower than recent assets

🏦 - Competition: The rise and superiority of other blockchain projects, such as BNB, SOL, and POL, has led to speculation that Ethereum has lost its place

🔓 - Security challenges: Security incidents, such as the DAO attack in 2016, have led to questions about its security

💱 - Transition to PoS: Ethereum's transition from PoW (Proof-of-Work) to PoS (Proof-of-Stake) was a complex process that led to fears about the network's stability

⚠️ In addition, its high fees and transaction speed of only 30 per second make it unfeasible for beginner investors to invest in Ethereum

🪽 Therefore, in order for Ethereum not to be buried, it needs to innovate and improve your system, since competitors like Solana have 60,000 transactions per second, while Ethereum is "floating"

So, what did you think of the post?

Do you think ETH can be saved?

Leave your comments and suggestions. I will respond as much as possible

See you soon and happy investing 😁