Despite being praised as the second most significant cryptocurrency, Ethereum has found it difficult to keep up with its leading rivals, such as XRP and Solana. Over the course of the last month, XRP and Solana saw increases of 36.9% and 32.2%, respectively, while Ethereum's market capitalization fell by 4.7. Many ETH traders have become frustrated by this extreme disparity and are beginning to doubt the asset's present direction.

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