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ZyCrypto 2024-10-17 14:39:05

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

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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