Bitwise: Ethereum fundamentals remain strong, and opponents ignore 3 important information

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ODAILY
09-19
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Odaily Odaily News Bitwise officially published an article on the X platform stating that "Ethereum's downturn has attracted some opponents. They overlooked the following points: - More than half of the stablecoins are on the Ethereum chain. - More than 60% of DeFi assets are locked on Ethereum. - Polymarket landed on Ethereum. By the end of 2024, ETH looks like a potential reverse bet." Earlier, Bitwise Chief Investment Officer Matt Hougan said that ETH now seems to have no one interested, but as the year draws to a close, its poor price performance may be reversed.

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