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Legendary crypto analyst, Benjamin Cowen has expressed confidence that Ethereum (ETH), the world’s largest altcoin, could outperform Bitcoin (BTC) soon.
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Digital asset investment products have experienced a second consecutive week of outflows, but Solana looks to be bucking the trend. Notably, last week was full of outflows from cryptocurrency-based investment products, amounting to a substantial $726 million.
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While numerous cryptocurrencies are experiencing significant downturns due to broader market volatility, the Ethereum (ETH) network is experiencing a substantial growth surge, hitting its highest levels in four months.
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So far in 2024, the Ethereum price performance has fallen short of market expectations. Instead of rallying alongside Bitcoin to new all-time highs as expected, it stalled and failed to claim $4,000 even at the height of its rally.
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Marc Zeller, founder of the Aave Chan Initiative (ACI), has called for the dissolution of the Ethereum Foundation. This came following a recent transaction suggesting that the Foundation was again looking to sell the ETH top.
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