$ETH

For the past four months, the entire market has been in a bull market. Every coin has been hit and fly to top. Every coin has doubled its price, even some coin beat their own all-time high since 2021. But there is only one coin that not showing its potential in the way that the rest of the coins have shown it. The name of this coin is Ethereum.

Here are some major fact behind it i wanna share with you.

(1)Market Cap and Maturity

By 2021, Ethereum was already the second-largest cryptocurrency by market cap. Larger, more established assets typically see slower percentage gains compared to smaller, speculative projects. For example, a coin with a $100M market cap can easily 10x, while a $300B asset (like ETH at its peak) requires massive inflows to achieve similar growth.

(2)Competition from Layer 1 Alternatives

Rise of "Ethereum Killers" Blockchains like Solana (SOL), Avalanche (AVAX), and Binance Smart Chain (BSC) gained traction during the 2021 bull run. These chains offered lower fees and faster transactions, diverting attention (and capital) away from Ethereum.

**High Gas Fees**: Ethereum’s network congestion and high transaction fees during peak usage drove users and developers to cheaper alternatives, reducing short-term demand for ETH.

(3) Ethereum 2.0 Transition Uncertainty**

- **Delayed Upgrades**: The transition to Ethereum 2.0 (Proof-of-Stake) was repeatedly delayed, creating uncertainty. While the Merge finally occurred in September 2022, the timeline was unclear during the 2021 bull market, causing some investors to hesitate.

( 4) - **Staking Lock-Up**:

Over 13% of ETH supply was locked in the Ethereum 2.0 deposit contract during the bull run, reducing liquid supply but not directly driving price action that’s why investors not interested to hold or buy more only old whales hold it.

In short according to my analysis eth not crossing 5k mark in upcoming bull market.

#MarketPullback $ETH #TradeFiRevolution