Why has Ethereum been so weak lately? The core reason is that the narrative can't keep up.
Looking back over the years, in 2020
$ETH was tied to DeFi, in 2021 it gained popularity through NFTs, and in 2024 it was supported by ETFs to maintain enthusiasm. But by 2026, Ethereum no longer has a compelling core story to impress the market!
Now, funds are flocking to Bitcoin, with everyone discussing its potential as a global reserve asset. Meanwhile, hot sectors like stablecoins, RWA, and AI payments have mostly bypassed ETH, leading to a continuous weakening of the Bitcoin-to-Altcoin exchang