Summary
- Galaxy Digital CEO reported that Ethereum investment sentiment has weakened compared to Bitcoin and Solana.
- Former SEC Chairman Gary Gensler's attempt to sanction Ethereum has impacted its poor growth rate.
- Despite FUD surrounding the Ethereum founder and foundation, they must continue to take the high road.
According to The Block, a cryptocurrency-focused media outlet, on the 6th (local time), Galaxy Digital CEO Mike Novogratz stated that "Ethereum (ETH) investment sentiment has weakened unbelievably," and "former SEC Chairman Gary Gensler's attempt to sanction ETH is the main reason why ETH's growth rate has been poor compared to Bitcoin (BTC) and Solana (SOL)."
He added, "There is FUD (fear, uncertainty, and doubt) surrounding Ethereum founder Vitalik Buterin and the Ethereum Foundation," and "people are looking for excuses. Nevertheless, the foundation must continue to take the high road. They should be a research institution."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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