<ul><li>Ethereum has failed to mirror Bitcoin’s recent bullish performance and is nearly 58% below its peak price.</li><li>Ethereum's price has stagnated, struggling to break through the $4,000 resistance level.</li><li>Increasing competition within Ethereum's ecosystem, including layer-2 solutions, has impacted its performance.</li><li>Ethereum also faces competition from alternative smart contract platforms like Solana and BNB Chain.</li></ul>

Crypto Analyst Questions Ethereum’s Future Amid Struggles and Growing Competition”

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