儘管以太坊被譽為第二重要的加密貨幣，但它仍難以與 XRP 和 Solana 保持同步

儘管以太坊被譽為第二重要的加密貨幣，但它發現很難跟上 XRP 和 Solana 等主要競爭對手的步伐。

Despite being hailed as the second most valuable cryptocurrency, Ethereum has struggled to keep pace with leading competitors like XRP and Solana.

儘管以太坊被譽為第二大最有價值的加密貨幣，但它仍難以跟上 XRP 和 Solana 等領先競爭對手的步伐。

Over the last month, XRP and Solana surged by 36.9% and 32.2%, respectively, while Ethereum’s market cap slipped by 4.7%.

上個月，XRP 和 Solana 分別飆升 36.9% 和 32.2%，而以太坊市值則下跌 4.7%。

This stark disparity has left many ETH traders uneasy, questioning the asset’s current trajectory.

這種明顯的差異讓許多 ETH 交易者感到不安，質疑該資產當前的軌跡。

As attention shifts toward better-performing assets, the market perception of Ethereum is changing. For example, XRP and Solana are attracting attention due to their impressive market capitalization growth, while Ethereum lags behind.

隨著注意力轉向表現較好的資產，市場對以太坊的看法正在改變。例如，XRP 和 Solana 因其令人印象深刻的市值成長而受到關注，而以太坊則落後。

However, this lackluster performance is not going unnoticed, and some are wondering whether this trend is indicative of deeper issues within the Ethereum ecosystem.

然而，這種低迷的表現並沒有被忽視，有些人想知道這種趨勢是否表明以太坊生態系統中存在更深層的問題。

Investor sentiment may have played a role in Ethereum's recent price struggles. The asset’s centralization and leadership decisions have come under increased scrutiny.

投資者情緒可能在以太坊最近的價格掙扎中發揮了作用。該資產的集中化和領導決策受到了越來越嚴格的審查。

Regular sales of ETH by prominent individuals and organizations have often preceded market sell-offs, leading to questions about investors' confidence in Ethereum's long-term prospects.

知名個人和組織經常在市場拋售之前出售 ETH，這導致投資者對以太坊長期前景的信心產生疑問。

While these measures are often justified as being necessary for operational funding, they have had a lasting impact on trader sentiment. Another point of contention is Ethereum's network centralization.

儘管這些措施通常被認為是營運資金所必需的，但它們對交易者的情緒產生了持久的影響。另一個爭論點是以太坊的網路中心化。

A small group of entities, including major exchanges and staking platforms, collectively control a significant portion of staked Ethereum.

一小群實體，包括主要交易所和質押平台，共同控制質押以太坊的很大一部分。

This concentration has raised concerns about Ethereum's ability to maintain true decentralization, especially in cases where the network appeared to comply with external directives, such as transaction censorship related to high-profile legal cases.

這種集中引起了人們對以太坊維持真正去中心化能力的擔憂，特別是在網路似乎遵守外部指令的情況下，例如與備受矚目的法律案件相關的交易審查制度。

Despite these challenges, Ethereum still boasts the largest cryptocurrency market share, thanks to its unmatched developer activity and DeFi ecosystem. However, the current market dynamics show that sentiment and new developments are key drivers in the crypto market.

儘管面臨這些挑戰，以太坊仍然擁有最大的加密貨幣市場份額，這要歸功於其無與倫比的開發者活動和 DeFi 生態系統。然而，當前的市場動態表明，情緒和新發展是加密貨幣市場的關鍵驅動因素。

As XRP and Solana continue to outpace ETH, the latter must find ways to adapt to the increasingly competitive landscape and address the mounting concerns if it wants to regain momentum.

隨著 XRP 和 Solana 繼續超越 ETH，後者如果想重新獲得動力，就必須找到適應日益激烈的競爭格局並解決日益嚴重的擔憂的方法。

Meanwhile, investors in ETH are staying on edge, keeping a close watch on the market's unfolding narrative.

同時，以太坊投資者仍保持警惕，密切關注市場的發展。