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Why WalletConnect’s Token Is Listed on So Many Exchanges: The Logic Behind Its Success
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#eth 📊 Current Market Performance As of April 13, 2025, Ethereum (ETH) is trading at approximately $1,645.37, with a 24-hour increase of around 4.96%. Despite being in a broader bull cycle, ETH has not yet reclaimed its previous all-time highs. Compared to Bitcoin (BTC), ETH’s relative value has declined for three consecutive years. Experts note that growing competition among Layer 1 networks and increasing market skepticism have challenged Ethereum’s dominance. 🔧 Technical Development & Ecosystem Status • Consensus Upgrade: Ethereum transitioned from Proof-of-Work (PoW) to Proof-of-Stake (PoS) in September 2022, significantly reducing energy consumption. • Layer 2 Scaling: Ethereum continues to push Layer 2 solutions such as rollups to improve transaction speed and reduce fees. • Ecosystem Vitality: Ethereum remains one of the most developer-active blockchains, with a rich ecosystem of DeFi, NFT, and GameFi applications. ⚠️ Key Challenges • Intensifying Competition: Other blockchain platforms have made notable progress in performance and usability, posing serious challenges to Ethereum. • High Gas Fees: Despite Layer 2 scaling, mainnet transaction fees remain relatively high, impacting user experience. • Security Concerns: Recent security vulnerabilities have sparked renewed concerns about the robustness of Ethereum’s infrastructure. 🔮 Forward-Looking Perspective Ethereum continues to lead in smart contracts and decentralized applications, but in order to maintain its edge, it must: • Keep pushing technical upgrades • Improve user experience • Strengthen network security Investors should closely monitor Ethereum’s technological roadmap and ecosystem evolution to make informed decisions.
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Ethereum(ETH) Drops Below 1,800 USDT with a Narrowed 0.44% Increase in 24 Hours
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