Etherum ‘Rommindized “by moving the value in layer-2s, standard chartered says

Standard authorized analysts say Ethere passes through “crisis with medium animals”, and ETH is fighting for the retention of about $ 2,000.

Ethereum (El) seemingly stuck in the indentation as it does not give free Layer-2 Networks as they struggle to be interested in investors. The second largest cryptocurrency in the world’s capitalization fell 40% in the last three months with Standard rent Analysts now saying the network if they face a “crisis with medium animals”.

To an interview With financial times, the standard Charter’s Digital Property Research Geoff Kendrick said that the network “gave value free” as well as with layer-2 etherum networks is “basically only self-assessed”.

Etherum is fighting with the retention of the price drops even further. From time to print, ET ETH trades about $ 2,054, after beginning $ 1,813 earlier in March. Kaik’s research analyst Adam McCarthi says the fall could be tied due to the fact that Etherum “is simply not interesting most people.”

“It’s hard to be too excited about amazing engineering underlists when it (is) so many competitive things in the economy of attention.”

Adam McCarthi

At the same time, Etherum developers fight internal disagreements, and the customer activity online did not pick up Carol Alexander, a finance professor at Sussek University. She added that the decentralized financial vision now feels “much further than a year ago” and that this decision-making in Etherum community became a “little cheater”.

Etherum has been under supervision lately as a former Etherum Foundation Engineer Harikrishnan Mulackal criticized Network management by saying that suffers from “lack of clear and cohesive vision”.

According to Mulackal, without stronger leadership, Etherum could stagnate, suggests that the network should encourage faster updates and a ship “One hard forking every quarter.” Otherwise, he said, Etherum risks reproduce “exactly the same result” in the last five years.