Ethereum Has Lost L1 War to Solana, Analyst Says Amid ETH Price Struggles

Muthoni Mary Kiama

Ether Rival Solana Catches Attention of Big Institutional Players As SOL Investment Products Witness 27 Straight Weeks Of Inflows

Crypto analyst Ignas says Ethereum (ETH) is losing its competitiveness against other layer-one networks. In an X post, the analyst stated that Ethereum’s underperformance compared to other networks was the key reason behind ETH’s price struggles.  Per the post, Ethereum’s dominance in the layer-one industry quickly grew after introducing layer twos such as Arbitrum and Optimism. However, […]

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Ethereum Has Lost L1 War to Solana, Analyst Says Amid ETH Price Struggles