Matrixport: 2025 may be a key turning point for Ethereum, achieving a strong rebound

BlockBeats news, on December 16, Matrixport released a daily chart saying that in the 2024 Bitcoin bull market, Ethereum seems to have failed to keep up with the market. Bitcoin's dominance rate once climbed from 50% to 61%, and then fell back to 54%, while Ethereum's dominance rate fell sharply from 18% to 12%.

This decline was particularly evident after the listing of the Ethereum ETF, and its dominance rate showed an almost linear downward trend. At the same time, the market focus has gradually shifted to Solana and other emerging blockchain ecosystems.

However, 2025 may be a key turning point for Ethereum. The strong inflow of funds into the Ethereum ETF may attract traditional financial institutions (TradFi) to accelerate their entry and begin to increase their holdings of Ethereum on a large scale - we mentioned this in last week's report. Although the protagonist of this round of market is Bitcoin, Ethereum may become a "dark horse" and achieve a strong rebound in the future.