Altcoins News
By Maheen Hernandez
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Layer-2 Scaling Lowers Fees but Boosts Network Adoption. A key reason behind the revenue drop is Ethereum’s Dencun upgrade in March 2024.
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Revenue Alone Isn’t Enough to Judge Ethereum. Critics of the “Ethereum is dying” narrative argue that the network should not be valued solely on…
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Ethereum Declared “Dead” Numerous Times. The debate over Ethereum’s health is not new. According to Ethereum Obituaries, the network has…
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Ethereum vs. Competitors. Ethereum currently occupies a unique position, trapped between Bitcoin’s narrative as “digital…
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Network Fundamentals Remain Strong. Despite the negative headlines, several indicators suggest that Ethereum is far from “dying.”
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Conclusion. Ethereum’s current metrics tell two different stories.
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Ethereum is at the center of a heated debate after a recent report highlighted a sharp drop in the network’s revenue.
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The claim quickly went viral, prompting cryptocurrency enthusiasts, investors, and analysts to weigh in.
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A key reason behind the revenue drop is Ethereum’s Dencun upgrade in March 2024. This upgrade reduced transaction fees for Layer-2 networks using Ethereum as a base layer,…
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Henrik Andersson, CIO of Apollo Crypto, emphasized that Ethereum remains a “vibrant ecosystem,” citing metrics from the Ethereum L2 analytics tool Growthepie.
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As of August 30, 2025, Ethereum had over 552,000 daily active addresses, marking a 21% increase compared to the same period in 2024.
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“Ethereum is becoming the neutral decentralized base layer for finance,” Andersson said. “Just like Bitcoin is valued as a store of value rather than revenue, Ethereum cannot be…
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AJC, however, defended the revenue-based approach, arguing that declining income from fees—collected in Ether—is a meaningful indicator of underlying demand.
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The debate over Ethereum’s health is not new. According to Ethereum Obituaries, the network has been declared “dead” at least 150 times since its inception, with around 40 of…
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Ryan McMillin, CIO of Merkle Tree Capital, explained that while Ethereum faces competition from faster and cheaper alternatives such as Solana, it retains significant advantages.
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