Ethereum Faces Ongoing Challenges with Regulations, Fees, and Competition
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Regulatory hurdles and ecosystem centralization critiques linger for Ethereum. Lawsuits and issues with Consensys create uncertainty.
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ETH underperforming other major altcoins like SOL, XRP, and ADA suggests factors beyond regulations are holding it back.
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High Ethereum gas fees negatively impact usage of dApps and transactions.
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On-chain data shows decreased activity, with lower total deposits and dApp usage on Ethereum.
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More ETH being deposited to exchanges signals holders are inclined to sell as price nears $1900 resistance.