Matrixport: Ethereum may rebound strongly in 2025

Odaily reported that according to a chart released by Matrixport today, Ethereum appears to have failed to keep up with the market pace during the Bitcoin bull market in 2024. Bitcoin's dominance rose from 50% to 61% at one point, before falling back to 54%, while Ethereum's dominance plummeted from 18% to 12%, particularly evident after the launch of Ethereum ETFs, showing a nearly linear downward trend. Meanwhile, the market's focus has gradually shifted to and other emerging blockchain ecosystems. However, 2025 may be a critical turning point for Ethereum. The strong inflow of funds into Ethereum ETFs may attract traditional financial institutions (TradFi) to accelerate their entry and start significantly increasing their Ethereum holdings - as we mentioned in last week's report. Although Bitcoin is the protagonist of this round of the market, Ethereum may emerge as a "dark horse" and achieve a strong rebound in the future.