Ether priceETH) is lagging ‘s (BTC(October) Price action of 13%, but does this make sense? Altcoin still has outperformed BTC in all aspects, with 274% of that being 2021. Some traders can be too short-sighted, so they may wonder if the network is capable of successfully migrating to PoS validation. This would allow them to finally resolve the problem with the high gas fee.

Investors are also concerned by the increased competition coming from smart contract networks such as (SOL and (AVAX).