Ethereum is still home to the most active crypto developers and is the most attractive chain to build applications on top of for big companies, argues Bitwise’s Matt Hougan.
Ethereum may be in the “doldrums” at the moment, but haters of the blockchain will probably end up looking “silly,” says the chief investment officer of Bitwise.
In a Sept. 17 post, Bitwise’s Matt Hougan admits there has been a lot of negative community sentiment over Ethereum. The ETH/BTC ratio has been at its lowest in three years, and the price of Ether is flat compared to Solana (SOL) and Bitcoin (BTC).
“No one likes Ethereum right now,” he said.
