Weekend Trending in Crypto: Ethereum Under Scrutiny, ONDO Surges on Binance Listing, Solana & Orca Make Waves
- Ethereum sees rising skepticism as market dominance wanes and competitors gain traction.
- ONDO surges in popularity following its Binance listing and strong community backing.
- Solana, Orca, and XCN trend upward amid bullish sentiment and increased trading activity.
As the weekend kicks off, data from the market intelligence platform Santiment shows top crypto conversations range from fresh questions about Ethereum to excited talk surrounding ONDO and Orca.
Why Are Crypto Watchers Questioning Ethereum’s Path Forward?
While traditionally seen as the go-to platform for dApps and smart contracts, Ethereum now meets fresh doubt from parts of the crypto world.
Specifically, concerns are emerging about its long-term viability. Users point to its declining market dominance and rising competition from alternative layer-1 chains like Solana and Avalanche. Notably, since this year started, the price of ETH has tanked by 52% to trade near $1,580, the same level it traded three years ago.
This underwhelming performance compared to Bitcoin is what has raised apprehension among market participants.
Social Media Excitement for the Newly Binance-listed ONDO
Mean…
The post Weekend Trending in Crypto: Ethereum Under Scrutiny, ONDO Surges on Binance Listing, Solana & Orca Make Waves appeared first on Coin Edition.
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Weekend Trending in Crypto: Ethereum Under Scrutiny, ONDO Surges on Binance Listing, Solana & Orca Make Waves
- Ethereum sees rising skepticism as market dominance wanes and competitors gain traction.
- ONDO surges in popularity following its Binance listing and strong community backing.
- Solana, Orca, and XCN trend upward amid bullish sentiment and increased trading activity.
As the weekend kicks off, data from the market intelligence platform Santiment shows top crypto conversations range from fresh questions about Ethereum to excited talk surrounding ONDO and Orca.
Why Are Crypto Watchers Questioning Ethereum’s Path Forward?
While traditionally seen as the go-to platform for dApps and smart contracts, Ethereum now meets fresh doubt from parts of the crypto world.
Specifically, concerns are emerging about its long-term viability. Users point to its declining market dominance and rising competition from alternative layer-1 chains like Solana and Avalanche. Notably, since this year started, the price of ETH has tanked by 52% to trade near $1,580, the same level it traded three years ago.
This underwhelming performance compared to Bitcoin is what has raised apprehension among market participants.
Social Media Excitement for the Newly Binance-listed ONDO
Mean…
The post Weekend Trending in Crypto: Ethereum Under Scrutiny, ONDO Surges on Binance Listing, Solana & Orca Make Waves appeared first on Coin Edition.
Read More