{"id":20261,"date":"2024-05-12T12:00:19","date_gmt":"2024-05-12T12:00:19","guid":{"rendered":"https:\/\/coinengineer.io\/?p=20261"},"modified":"2024-05-12T09:46:20","modified_gmt":"2024-05-12T09:46:20","slug":"ethereum-eth-could-miss-out-on-this-bull-run-according-to-developer","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/ethereum-eth-could-miss-out-on-this-bull-run-according-to-developer\/","title":{"rendered":"Ethereum (ETH) Could Miss Out on This Bull Run, According to Developer"},"content":{"rendered":"<p>Ethereum developer Ryan Sean Adams has taken to Twitter to express his belief that ETH might skip this bull cycle. In a series of tweets on May 10th, Adams presented two perspectives on why Ethereum could miss out on the current bull run.<\/p>\n<p>Adams characterizes Ethereum&#8217;s current state as one of &#8220;adolescence,&#8221; suggesting that the network&#8217;s complexity and relatively high transaction fees compared to emerging layer-2 (L2) solutions are deterring new users from flocking to ETH. As a result, investors seeking to capitalize on this bull cycle might opt for L2 projects, potentially overlooking <a href=\"https:\/\/coinengineer.net\/blog\/ark-invest-and-21shares-revamp-ethereum-etf-for-approval\/\">Ethereum<\/a>.<\/p>\n<p><strong><a href=\"https:\/\/coinengineer.net\/blog\/coinbase-playdapp-pla-decision\/\">Related News: Coinbase Exchange Decision on PlayDapp (PLA)!<\/a><\/strong><\/p>\n<p>Despite the challenges, Adams also highlights Ethereum&#8217;s underlying strengths, emphasizing its position as the root of the &#8220;chain of 1000 chains&#8221; and its substantial profitability. He suggests that as the bull run progresses, investors might eventually recognize Ethereum&#8217;s true value, leading to a potential surge in price.<\/p>\n<p>Adams also acknowledges the possibility that Bitcoin&#8217;s upward trajectory could eventually spill over to Ethereum, driving its price higher.<\/p>\n<p>At the time of writing, Ethereum is trading at $2,914, down 3.5% in the past 24 hours, according to CoinGecko data.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum developer Ryan Sean Adams has taken to Twitter to express his belief that ETH might skip this bull cycle. In a series of tweets on May 10th, Adams presented two perspectives on why Ethereum could miss out on the current bull run. Adams characterizes Ethereum&#8217;s current state as one of &#8220;adolescence,&#8221; suggesting that the<\/p>\n","protected":false},"author":1,"featured_media":20081,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[5541,106,105],"class_list":["post-20261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-bitcoin-ethereum","tag-eth","tag-ethereum"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ethereum (ETH) Could Miss Out on This Bull Run, According to Developer - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Ethereum developer Ryan Sean Adams has taken to Twitter to express his belief that ETH might skip this bull cycle.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/ethereum-eth-could-miss-out-on-this-bull-run-according-to-developer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum (ETH) Could Miss Out on This Bull Run, According to Developer - 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