Santiment: Ethereum is under short-term pressure, but its long-term prospects are still viewed positively
Analyst Brianq from the on-chain analysis company Santiment stated that Ethereum (ETH) has recently seen a market value decline of 4.7%, far behind XRP and Solana's increases of 36.9% and 32.2%. This sparked controversy over Vitalik Buterin selling ETH, its degree of decentralization, and modular strategy. Despite short-term pressure, the growth in active Ethereum addresses and stable market share are considered to contribute to its long-term strategy to maintain a leading position in the blockchain field. The high negative sentiment on social media may provide opportunities for contrarian investors.
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