Ethereum Market Cap Plummets $1 Trillion Behind Bitcoin—3 Factors Driving ETH’s 2024 Decline
Ethereum’s market cap has dropped $1 trillion behind Bitcoin due to declining whale transactions, ETH sales, and slow adoption of ETFs.Concerns about centralization following Ethereum’s move to Proof-of-Stake are contributing to its ongoing market struggles. Following the staking cap review recently shared by CNF, in which Vitalik Buterin warned about Ethereum’s centralization risks, the price...