High gas fees, reduced popularity of DEFI, rapid decline of TVL on the chain, distrust of ETH2.0, criticism from miners, and restrictions on participants by the POS mechanism. Will the challenges of new technologies and new public chains cause ETH to decline rapidly?
It is difficult for that reason Ethereum is experiencing a decline going forward, the only cases involving mining critics who are dissatisfied with the results, participant restrictions have to be done for some reason, and new technologies and smart chains are things that must be faced in the challenges ahead, this is just a problem small ones that never made Ethereum lose the trust of people, because this coin has reached a very good level of utility under bitcoin, so it's hard for people to ignore them