Matrixport: ETH price may face great resistance to achieve significant increase in 2025

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ODAILY
12-31
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Odaily reports that according to a chart released by Matrixport today, the decline in Ethereum Gas fees reflects that the activity in its ecosystem remains sluggish even after the upgrade in March 2024. Combined with the continued low trading volume, ETH price may face significant resistance to achieve a substantial increase in 2025. In 2024, Ethereum faced strong competition from alternative protocols such as and , which successfully attracted more users, leading to their tokens outperforming Ethereum throughout the year. Without significant positive news to drive it, Ethereum may continue to be at a disadvantage in 2025, while competing projects are expected to further expand their advantages.

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