Apr 1, 2019
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Yes, Ethereum (ETH) Is Losing The Dapp Race, Dethroning Bogging Down Prices?

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  • Ethereum prices up 3.8 percent but underperforming against EOS and Cardano
  • The number of dApps launching off Ethereum declining

Vitalik admits that Ethereum’s novelty is ending and competitor platform offering speed and scalability is clipping part of their market share. According to DApp radar, only 28 percent of dApps are off the Ethereum platform. Meanwhile, Ethereum (ETH) bulls are up but yet to close above $150, our minor buy trigger line.

Ethereum Price Analysis

Fundamentals

In a decentralized and open source, competition is bound to happen. Sometimes, it can be taken a notch higher, and the result is a contentious hard fork as interests clash. Ethereum hard forked once but what was on stake is millions of dollars after the infamous DAO hack. Since then, there has been an evolution and Metropolis was well handled though there were delays thanks to bugs and the miner community disagreeing on EIP 1234 reward slashing.

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