$ETH $ETH Analyst Plan B criticizes Ethereum as centralized and pre-mined.

Critics argue that Ethereum's PoS model weakens decentralization, while the price and dominance of ETH fall to multi-year lows.

Supporters highlight the growing real-world use of Ethereum, surpassing Visa in stablecoin volume and leading in RWA integration.

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Analyst slams Ethereum (ETH): “centralized currency”

PlanB, a Bitcoin analyst known for the Stock-to-Flow (S2F) model, criticized Ethereum for the significant drop in ETH's price dominance since the beginning of the year.

For him, Ethereum, the second largest cryptocurrency by market capitalization, has issues with its core mechanisms, especially the use of Proof of Stake (PoS).