This Coin Is The ‘Middle Child Of Crypto’ And Will Make A Strong Comeback In 2025 As ‘Contrarian Play,’ Says Bitwise CIO
Posted On October 17, 2024
A leading industry expert predicts a resurgence for Ethereum (CRYPTO: ETH) in 2025, as does Bitwise Chief Investment Officer Matt Hougan, who sees the second-biggest crypto as a “contrarian play.”
What Happened: In a recent interview on Altcoin Daily, Hougan expressed his confidence in Ethereum, calling it the “middle child” of crypto—not as groundbreaking as Bitcoin (CRYPTO: BTC) or as trendy as newer blockchains like Solana (CRYPTO: SOL), Sui (CRYPTO: SUI) or Aptos (CRYPTO: APT).
While Ethereum faces challenges such as fee compression and a shift to Layer-2 solutions, Hougan believes it remains the leading blockchain for critical applications like stablecoins, decentralized finance (DeFi) …
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