market share

The crypto universe is a merciless arena of technology, in which incumbents are daily dogfighting with determined upstarts. Ethereum has long been considered the uncontested champion of smart contracts and decentralized applications (DApps). It now finds itself in a major test to that dominance. Yet, its market share is shrinking....

With Ethereum’s market dominance approaching historic lows, nerves are starting to creep into the investor base as Ethereum’s price heads back towards testing the $1,100 support level. The second-largest cryptocurrency by market capitalization is struggling not only with a growing competitive threat, but with a highly bearish technical outlook. This...