Ether (ETH) price has climbed above $1,700 after 16 days of selling pressure caused by macroeconomic uncertainty and a sharp decline in onchain activity. Despite the rebound, Ether has underperformed the broader altcoin market by 23% year-to-date.
Some traders claim that ETH is set for a “generational” bull run by offering a “truly” decentralized and permissionless financial system, but is that really the case?
Source: X/0xMontBlanc
Ether was one of the few major cryptocurrencies that did not reach a new all-time high in 2025, unlike competitors such as Solana (SOL), Tron (TRX), and BNB (BNB).
Some critics argue that moving away from proof-of-work mining removed a competitive advantage that Ethereum once had over its rivals.
Ethereum fee drop signals ETH price weakness
Eventually, Ether may