Viewpoint: ETH performs worse than other large cryptocurrencies and is in a 'midlife crisis'“

Geoff Kendrick, head of digital asset research at Standard Chartered Bank, stated that Ethereum is currently in a "midlife crisis" and is still exploring technological upgrades aimed at enhancing its appeal to a wide audience. Facing competition from rivals, the price of ETH, the world's second-largest cryptocurrency and blockchain, has fallen by 40% in the past three months. Its performance is not as good as other large cryptocurrencies such as BTC, and its decline highlights ETH's loss of favor among investors. ETH is not interesting to most people, and if compared to Bitcoin, Bitcoin has already established the narrative of digital gold.