Ethereum Price Analysis – Bear trend persists

Ethereum has entered an era of increased competition, from projects like EOS, HashGraph, DFINITY, and others. At the same time, several projects, dApps and protocols, are going live on mainnet. Scaling continues to be an ongoing concern in terms of both competition and the ability to handle the network load. It is an opportune time to discuss scaling solutions while network use is experiencing a nadir, otherwise, patchwork fixes and band-aids may lead people elsewhere, in both usage and future development work. The details of several scaling solutions, like the transition to PoS from PoW, are actively being discussed and conceptualized.

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