Santiment: ETH facing short-term pressure, long-term prospects still optimistic

PANews reported on January 22 that according to Brianq, an analyst at on-chain analysis company Santiment, the market capitalization of Ethereum (ETH) has fallen by 4.7% recently, far behind the increase of XRP and Solana by 36.9% and 32.2% respectively, which has sparked controversy in the market over Vitalik Buterin's dumping of ETH, the degree of decentralization, and modularization strategy. Despite short-term pressure, the active number of addresses on the Ethereum network has risen and its market share remains stable. Its long-term strategy is believed to help maintain its leading position in the blockchain field. The high negative sentiment on social media may provide opportunities for reverse investors.