以太坊（ETH）價格預測：ETH會超過比特幣（BTC）作為主要的加密貨幣嗎？

以太坊曾經被視為分散應用程序和智能合約的未來，現在面臨著越來越多的挑戰，這些挑戰正在侵蝕其在加密貨幣市場中的地位。

Since December 2021, ETH has lost a staggering 77% of its value against BTC, raising concerns about the continued dominance of the second-largest cryptocurrency.

自2021年12月以來，ETH對BTC的價值失去了驚人的77％，這引起了人們對第二大加密貨幣持續統治地位的擔憂。

While BTC continues to cement its role as “digital gold,” ETH is grappling with multiple issues that are making it harder for investors to maintain confidence, especially amid broader macroeconomic headwinds.

儘管BTC繼續鞏固其作為“數字黃金”的作用，但ETH正在努力解決多個問題，這些問題使投資者更難保持信心，尤其是在更廣泛的宏觀經濟逆風下。

As Bitcoin’s narrative strengthens, Ethereum’s investment case appears to be weakening, encumbered by technical difficulties, regulatory scrutiny, and the emergence of competitive blockchains.

隨著比特幣的敘述增強，以太坊的投資案例似乎正在削弱，受到技術困難，監管審查以及競爭性區塊鏈的出現的影響。

Layer 2 solutions such as Arbitrum and Optimism were designed to improve network efficiency by diverting activity away from the congested main Ethereum blockchain. However, this has also led to a fragmentation of the Ethereum ecosystem.

第2層解決方案（例如仲裁和樂觀）旨在通過將活動從擁擠的主要以太坊區塊鏈轉移來提高網絡效率。但是，這也導致以太坊生態系統的分散。

The aim was to reduce gas fees and increase transaction speed, but it has also complicated the investment narrative as users now have to navigate a more complex system.

目的是降低汽油費並提高交易速度，但由於用戶現在必須瀏覽更複雜的系統，這也使投資敘述變得複雜。

Moreover, the complexity of updates like The Merge, which transitioned the network from proof-of-work to proof-of-stake to reduce energy consumption and improve scalability, has created confusion among investors and users.

此外，Merge之類的更新的複雜性將網絡從工作證明轉變為銷售證明，以降低能源消耗並提高可擴展性，這使投資者和用戶造成了混亂。

Unlike Bitcoin, which remains relatively straightforward in its appeal and use case, Ethereum’s updates and changes may have alienated investors who prefer predictability and stability in their investments.

與比特幣在吸引力和用例中仍然相對簡單的比特幣不同，以太坊的更新和變化可能使投資者疏遠了投資者的投資者。

Another issue that continues to plague Ethereum is its high gas fees, a problem that has been exacerbated by the recent surge in artificial intelligence (AI) token activity on the network.

繼續困擾以太坊的另一個問題是其高汽油費，這一問題因最近在網絡上的人工智能（AI）代幣活動而加劇了這一問題。

While Ethereum’s smart contracts are powerful, they come at a cost, and users often find themselves paying exorbitant fees during periods of network congestion.

儘管以太坊的智能合約非常有力，但它們是有代價的，並且用戶經常發現自己在網絡擁塞期間支付高昂的費用。

This has led many to seek faster and more affordable alternatives, especially during times of heightened activity on the Ethereum network.

這導致許多人尋求更快，更實惠的替代方案，尤其是在以太坊網絡上活動增加的時候。

Additionally, Ethereum’s upgrades, though significant, have been slow and at times disappointing for users hoping for immediate solutions to the network’s scalability problems.

此外，對於希望立即解決網絡可伸縮性問題的用戶而言，以太坊的升級雖然很大，但有時令人失望。

In contrast, Bitcoin has remained focused on its primary role as a store of value, a factor that has contributed to the cryptocurrency’s resilience and consistent performance.

相比之下，比特幣一直集中在其作為價值存儲的主要作用上，這一因素有助於加密貨幣的韌性和一致的性能。

As the cryptocurrency market becomes increasingly competitive, regulatory uncertainty is also a factor that could impact Ethereum more significantly than Bitcoin.

隨著加密貨幣市場變得越來越具競爭力，監管不確定性也是一個可能比比特幣更明顯影響以太坊的因素。

Bitcoin has gained more clarity in terms of legal status and is being recognized as a legitimate asset class by institutions and governments around the world.

比特幣在法律地位方面已獲得了更加清晰的明確性，並被世界各地的機構和政府認識到合法資產類別。

However, Ethereum’s complex nature, coupled with its use in decentralized finance (DeFi) applications, has drawn the attention of regulators who are still working to understand and classify this emerging sector.

但是，以太坊的複雜性質，再加上其在分散的金融（DEFI）應用中的使用，吸引了仍在努力理解和對該新興部門進行分類的監管機構的注意。

With authorities set to take a closer look at the DeFi space, Ethereum’s regulatory challenges could escalate.

隨著當局將仔細研究Defi空間，以太坊的監管挑戰可能會升級。

In the meantime, other blockchains like Solana (SOL) and Cardano (ADA) are offering greater efficiency and lower transaction costs compared to Ethereum, rendering them attractive alternatives for users.

同時，與以太坊相比，其他區塊鏈（如Solana（Sol）和Cardano（ADA））提供了更高的效率和更低的交易成本，使它們為用戶提供了有吸引力的替代品。

These platforms are gaining traction as they promise scalability without the growing pains that Ethereum has experienced.

這些平台在沒有以太坊經歷的不斷增長的情況下承諾可伸縮性，因為它們承諾可伸縮性。

As macroeconomic uncertainty continues and investors seek stability in a turbulent market, Bitcoin’s role as a store of value and its resilience in the face of adversity could make it a more appealing investment option.

隨著宏觀經濟不確定性的繼續，投資者在動蕩的市場中尋求穩定，比特幣作為價值存儲及其在逆境中的韌性可能使其成為更具吸引力的投資選擇。

Moreover, Bitcoin’s lack of technical complexity and its clear use case as a digital form of gold could make it a more approachable investment for those who are new to cryptocurrencies.

此外，比特幣缺乏技術複雜性及其清晰的用例，作為一種數字形式的黃金形式，對於那些對加密貨幣的新手來說，它可以使其成為更平易近人的投資。

On the other hand, Ethereum’s complex technical updates, technical difficulties, and evolving investment narrative could pose challenges for investors who are seeking a simpler and more straightforward investment.

另一方面，以太坊的複雜技術更新，技術困難和不斷發展的投資敘事可能會對尋求更簡單，更直接投資的投資者構成挑戰。

In the ever-evolving cryptocurrency landscape, only time will tell how these factors will ultimately influence investors’ preferences and shape the future of the two largest cryptocurrencies.

在不斷發展的加密貨幣景觀中，只有時間才能說明這些因素最終將如何影響投資者的偏好並塑造兩種最大的加密貨幣的未來。