Ethereum’s growing pains and the crypto landscape
The following is a guest post and opinion from Daniel Polotsky, Founder & Chairman at CoinFlip.
Ethereum has been the king of DeFi, NFTs, and smart contracts for years. But lately, its position of primacy has been threatened. Scalability struggles, internal shakeups, and fast-rising competitors like Solana are giving Ethereum a run for its money. So, what’s really going on, and what does it mean for ETH’s future?
The Scalability Struggle
Ethereum’s move to proof-of-stake (PoS) was a massive win for the environment, cutting its energy use by over 99%. The Merge was a big deal, but Ethereum’s core problem still lingers: scalability. Gas fees still spike during busy periods, and transactions can crawl when network activity surges….
