Was $1.4K Ethereum’s ‘generational bottom?’ — Data sends mixed signals
Ether (ETH) price has risen above $1,700 after 16 days of selling pressure but remains 23% behind the broader altcoin market year-to-date. Despite claims of a potential "generational" bull run, ETH did not achieve a new all-time high in 2025, unlike competitors like Solana, Tron, and BNB. Critics argue that moving away from proof-of-work mining diminished Ethereum's competitive edge. A significant 95% drop in Ethereum fees since January has contributed to inflationary pressures on ETH, as the burn mechanism fails to offset staking rewards. Traders show declining interest in Ethereum's Total Value Locked (TVL), and recent net outflows from US-listed spot Ether ETFs indicate reduced institutional demand. Historical patterns suggest that ETH price rallies are often short-lived, with past performance showing rapid corrections after peaks. The shift in narratives surrounding Ether complicates predictions for future price movements, and concerns persist about potential further declines relative to Bitcoin.
