Morgan Stanley, an analyst, says Ethereum’s future is uncertain

The second most valuable cryptocurrency and the long-term most valuable altcoin Ethereum certainly does not need to be introduced. This platform, founded by Vitalik Buterin, has gained a huge number of fans, but it is also known for unreasonably large fees for transactions on this network. Morgan Stanley analyst Denny Galindo, who believes that we may soon see a gradual decline of the cryptocurrency due to more favorable competition such as Cardano and Solana, has also recently spoken out about this issue.

These two projects are faster and also cheaper alternatives, and people are aware of this fact. Another problem with this cryptocurrency may be the gradual increase in various regulations in many countries around the world, which poses another threat to this network, as they could disrupt the NFT or DeFi markets. It is these two phenomena that have experienced their biggest boom on the network recently, but at the same time they are increasingly facing regulatory constraints. This and this problem has been rumored for a long time, but big and respected names from the world of investment are also starting to address this issue.