Ethereum is down not because it switched from PoW to PoS, but because it moved away from scaling L1 in favor of fragmented custodial L2s.

Simply Bitcoin
@SimplyBitcoinTV
04-18
FUN FACT: Ethereum is down 74% against Bitcoin since switching from PoW to PoS in 2022.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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