Bitcoin reached $100K and altcoins usually rally, yet Ethereum and Solana haven’t surpassed 2021 highs. Are these levels permanent or is another factor at play?
hey everyone, im really curious about this discussion too. i believe aside from the general bull market momentum, a few underlying factors could be holding back altcoins like ethereum and solana from hitting new highs. maybe it’s not all about market sentiment; there may be issues in network scalability, transaction costs or even the pace of technological updates that investors are wary of. i wonder if the markets might be waiting for some breakthrough or a new regulatory framework that gives us that extra bull push. curious, what are your thoughts on the role of device adoption trends or maybe even upcoming network upgrades? keen to hear other insights on what might be the real catalyst or barrier behind these numbers. cheers!