Expert analysis on Ethereum upgrades and their impact on price. Learn why Ethereum is not following new trends and how Tether's move is significant.
According to Matrixport analysts, Ethereum has been lagging behind Bitcoin since its integration in 2022 and failed to create the expected upward trend. Matrixport blockchain company noted that most of Ethereum upgrades have not significantly affected its price. These upgrades are part of a long-term strategy to widen blockchain adoption instead of creating immediate market changes. Wall Street’s interest in Ethereum ETFs has also been fluctuating. The report suggests that Ethereum is not keeping up with new trends, and many prefer issuing stablecoins on cheaper networks. However, Tether’s recent move to Ethereum has surpassed Tron.
