CoinShares Report: Current Ether Ecosystem Lacks Realistic Use Cases, Trading Remains Main Activity Affecting ETH Coin Price
On September 25, CoinShares released its latest Ether usage report this week. The report says that transactions on Ether drive the value of ETH far more than pledge gains, cryptocurrency adoption, financial collateral usage or any other factor. Despite the increasing functionality offered by its ecosystem, the majority of its uses still revolve around speculation and simple token transfers, rather than the diverse real-world applications originally envisioned.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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