Ethereum Faces Challenge as Bitcoin Surges 160 Since Merge What It Means for ETH Holders
Ethereum has seen challenges post-Merge, facing rising supply and whale contributions. As ETH whales begin to sell, Solana has captured more market ground, challenging Ethereum’s dominance. Meanwhile, Bitcoin has surged by a significant 160% following its transition to proof-of-stake. Investors should consider these dynamics as they affect the future of Ethereum and its competitive stance in the market. Keeping track of these developments will offer vital insights for ETH holders.
