In 2025, Ethereum is struggling despite a bull market, with Ether's value plummeting compared to its all-time highs and Bitcoin. The rise of competing layer-1 networks is putting pressure on Ethereum, bringing into question its position in the blockchain ecosystem. Experts highlight economic sustainability and usability as critical ongoing challenges for Ethereum. Although Ethereum maintains a first-mover advantage, ongoing internal issues and external competition could jeopardize its future, prompting speculation about whether the platform has peaked.
The Ethereum blockchain has been facing a tough time in 2025. Despite the bull market, its native token, Ether (ETH), remains well below its all-time highs.
Issues like economic sustainability and usability problems have led to increased doubts about the network's future.
While it still enjoys the first-mover advantage, the growing competition, combined with internal challenges, places some questions over its long-term viability.
Many are wondering: Have Ethereum's best days already passed?
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