Take a look at the underlying logic of this market. Ethereum once firmly held the position of the second-largest crypto asset, but the current situation is quietly changing.



In contrast, the performance of Binance Coin and Solana shows a quite obvious upward trend. If this trend continues, the possibility of Ethereum being overtaken is not just alarmist. From a data perspective, Ethereum's trading volume has been shrinking; compared to its previous boom period, it is now noticeably duller.

Why is this happening? When an asset's activity declines and trading volume continues to stagnate, it naturally falls into a vicious cycle—fewer participants, lower enthusiasm, and eventually becoming a marginal asset in the market.

A comparison with historical data reveals the clues. Ethereum's trading enthusiasm is indeed on a downward trend. Perhaps the future market landscape will no longer look like it does now. It is worth closely monitoring the performance of these main cryptocurrencies in the coming days.
ETH1,34%
BNB-1,21%
SOL3,98%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
LazyDevMinervip
· 9h ago
Ethereum is really in a bit of a dilemma now, SOL and BNB are on a very fierce run.
View OriginalReply0
ReverseFOMOguyvip
· 01-10 20:23
ETH has indeed fallen behind this time, feeling a bit speechless.
View OriginalReply0
BearMarketBuildervip
· 01-09 03:55
Damn, I saw it coming a long time ago, ETH is really starting to underperform now --- The recent surge in SOL is really impressive, BNB is also holding steady, but ETH… sigh --- I've noticed the shrinking trading volume for a while now, no wonder the popularity is decreasing --- If you ask me, the era of ETH might really be over, and its ecosystem isn't as strong anymore --- No way, Ethereum is being overtaken? Are we switching to a different track? --- Once this vicious cycle starts, it's hard to reverse, and all the participants have already left --- I just want to ask, is anyone still playing with ETH? Everyone's probably moved to Solana --- Really? The market cap rankings are about to be reshuffled? Then all previous decisions were pointless --- Looks like I need to reevaluate my investment portfolio; ETH's proportion is too high
View OriginalReply0
LuckyBearDrawervip
· 01-09 03:55
ETH is really a bit sluggish this time, while Solana and BNB are actually taking off.
View OriginalReply0
Blockwatcher9000vip
· 01-09 03:46
This wave of Ethereum decline is indeed quite sharp, while Solana is on fire. Wait, does shrinking trading volume necessarily mean a recession? That logic seems a bit too absolute. But on the other hand, market turnover is indeed happening, and it feels like the sector rotation is accelerating. --- ETH is still the mainstay, but it’s not as lucrative as before, no wonder everyone is rushing to Sol. --- Alarmist talk? Pure overinterpretation. If Ethereum were so easily surpassed, that would be strange. --- I believe in the downward trend of trading enthusiasm, but when it comes to technical foundation, ETH is still stable. --- Starting to hype up new coins surpassing the big brother again... This kind of argument comes up every year.
View OriginalReply0
MerkleMaidvip
· 01-09 03:33
I think this logic is a bit over the top; ETH isn't that miserable yet. SOL has indeed been aggressive this round, but don't forget that the ecosystem is the real key. Wait, just because trading volume drops, does that mean you'll be overtaken? This logic is a bit absolute. Ethereum's short-term gloom does not mean permanent downfall; don't be too pessimistic. Ecosystem development is much more important than short-term data; you can't just look at the surface.
View OriginalReply0
MultiSigFailMastervip
· 01-09 03:30
Uh... Ethereum really took off. Can trading volume rebound after such a slump? Sol and BNB have been fierce this round, but is it a bit much to say ETH has become a marginal asset? Will history repeat itself, or has the era truly changed... we’ll have to see the upcoming data.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)