Ethereum, once known as the “world computer,” is facing several development challenges, according to a recent market analysis by 4E. Three key issues are impacting its growth potential: 1) Ethereum founder Vitalik’s reduced code contributions on GitHub; 2) the Ethereum Foundation’s large-scale ETH sales, suggesting a lack of confidence in the project’s long-term value; and 3) sluggish gas fees and decreased transaction activity, indicating declining user demand.
These factors may weaken Ethereum’s dominant position in the blockchain space, given the rising competitive pressure from new blockchain platforms. Investors should approach the situation with caution and closely monitor the project’s future progress.
