Coinbase, a top American cryptocurrency exchange, has addressed Ethereum's lackluster performance in its latest report. According to the report, there has been a notable shift of investors towards altcoins, which has impacted Ethereum adversely.
The report underscores the necessity for new catalysts to rejuvenate Ethereum's performance. This call to action reflects the challenges Ethereum faces in maintaining its stronghold in the competitive cryptocurrency market.
The insights provided by Coinbase aim to shed light on the adjustments needed for Ethereum to regain investor confidence and market performance.