以太坊（ETH）市場崩潰作為L2擴展解決方案的“虹吸值”

以太坊（ETH）再次成為聚光燈，這次是出於所有錯誤的原因。最近的市場崩潰似乎對以太坊影響最大

In a surprising turn of events, Ethereum (ETH) finds itself in the spotlight once again, this time for all the wrong reasons. The recent market crash seems to have affected the second-largest cryptocurrency the most, pushing it into a crucial phase.

在一個令人驚訝的事件轉變中，以太坊（ETH）再次出於所有錯誤的原因，再次成為聚光燈。最近的市場崩潰似乎最大程度地影響了第二大加密貨幣，將其推向關鍵階段。

As the crypto sector grapples with the aftermath of the market downturn, some industry experts have begun to declare it as the beginning of the end for crypto. Among them is Nic Carter, partner at Castle Island Ventures, who has linked this bearish sentiment to the rapid rise of Ethereum layer-2 networks, which he claims are “siphoning value” from the primary layer.

隨著加密貨幣部門與市場經濟下滑的後果進行努力，一些行業專家開始宣布這是加密貨幣的終點。其中包括Castle Island Ventures的合夥人Nic Carter，他將這種看跌的情緒與以太坊2層網絡的快速崛起聯繫起來，他聲稱這是從主要層中“ Siphoning值”的。

Investor Interest Wanes, ETH/BTC Ratio Hits Multi-Year Low!

投資者的興趣減弱，ETH/BTC比率達到了多年低點！

In a recent post on the social media website X, formerly known as Twitter, Carter highlighted how the excessive minting of tokens without any community outrage has further aggravated the situation for Ethereum. The blockchain is now encountering declining transaction activities and new users’ growth on the primary network, leading to serious volatility issues for the ETH token.

卡特（Carter）在社交媒體網站X上最近的一篇文章（以前稱為Twitter）中，強調瞭如何在沒有任何社區憤怒的情況下對代幣的過度鑄造如何進一步加劇了以太坊的局勢。該區塊鏈現在遇到了交易活動下降和新用戶在主要網絡上的增長，從而導致ETH代幣的嚴重波動性問題。

To add to that, Quinn Thompson, founder of Lekker Capital, agreed with Carter’s take, stating that Ethereum’s market capitalization of $225 billion is being affected by falling investor interest. He noted that the ETH/BTC ratio has reached its lowest point in about 5 years, highlighting a troublesome period for the second-largest cryptocurrency.

此外，Lekker Capital的創始人Quinn Thompson同意Carter的觀點，並指出以太坊的市值2250億美元受到投資者利息的影響。他指出，ETH/BTC的比率已在大約5年內達到了最低點，突出了第二大加密貨幣的麻煩時期。

Currently trading around the $1,870 mark, ETH has seen a 5.4% drop over the past week alone.

ETH目前的交易量約為1,870美元，僅在過去一周中，ETH下降了5.4％。

Layer-2 Solutions Are Draining Gains From Layer-1?

第2層解決方案正在從1層中排出收益？

The emergence of Ethereum Layer-2 solutions was initially envisioned as a way to easily scale Ethereum by decreasing transaction costs and boosting throughput. However, critics argue that these solutions have become ‘extractive’, concentrating the majority of user transactions and fees without fairly compensating the Ethereum network.

最初將以太坊第2層解決方案的出現作為一種通過降低交易成本和增強吞吐量來輕鬆擴展以太坊的方式。但是，批評家認為，這些解決方案已成為“提取性”，將大多數用戶交易和費用集中在沒有相當補償以太坊網絡的情況下。

As a result, data from Token Terminal reveals that Ethereum’s fee revenue has plummeted by 99% in recent months. Despite these challenges, some investors are sticking with their bullish predictions for Ethereum’s future. This comes as major financial institutions like Standard Chartered have slashed their predictions for ETH, cutting the number by 60%.

結果，Token終端的數據表明，最近幾個月，以太坊的費用收入下降了99％。儘管面臨這些挑戰，但一些投資者仍堅持對以太坊未來的看漲預測。這是因為像《標準憲章》這樣的主要金融機構削減了對ETH的預測，將數字減少了60％。

As the debate continues over what the future holds for Ethereum, its bittersweet relationship with its Layer-2 solutions will be crucial in determining its fate.

隨著以太坊的未來持續的辯論持續，其與第二層解決方案的苦樂參半的關係對於確定其命運至關重要。