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?
Bitcoin has the highest fee, yet remain the most valuable cryptocurrency, ethereum remain the second ranked cryptocurrency after bitcoin and has the second highest fee. Reduced popularity in DeFi How? Ethereum blockchain has most numerous DeFi tokens. With everything byou have said, there are ethereum killers since, but ethereum nremain valuable.