$ETH Ecology > Technology. What do the following articles discuss about other protocols that are faster and have lower transaction costs?! What's important is no longer the technology, but that Ethereum has already formed a strong ecosystem. $ENA

PANews reported on August 17 that Steven McClurg, CEO of Canary Capital, stated in an interview with CNBC: 'Bitcoin has more than a 50% chance of rising to the range of $140,000 to $150,000 this year, after which a new bear market will arrive.' Steven McClurg attributed this rise to the growing demand for ETFs and the expansion of institutional buyer groups, including sovereign wealth funds, pensions, and corporate bonds.

But Steven McClurg does not believe that Ethereum's recent surge will continue. 'I am not a loyal fan of Ethereum, simply because it is an old technology. There are many other protocols that are faster, have lower transaction costs, and are fundamentally more secure. Despite Ethereum's excellent performance over the past five years or so, new blockchains like Solana and Sui have surpassed it. Ethereum is expected to gradually decline and will not reach new historical highs.'