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RE: Is a strong bull rally coming? The price of Ether vs Bitcoin is rising sharply

in Project HOPE3 years ago

It is an official altcoin season, so yes, all major alts are supposed to outperform BTC in April-May timeframe. For Ethereum, the rising price is bad symptom. The higher price goes, the less adoption it has. A lot of people have already abandoned Ethereum DeFi sector because of gas fees. The rise of the price with push many more to leave for other chains like BSC. Ethereum team has to fix issues first.

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If they haven't realized it sooner or later they will, gas is something that as you rightly say they should correct, although I don't know how that affects the developers who haven't done anything about it by now.

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