Odaily Planet Daily News: Grayscale pointed out in a report that ETH's poor performance precisely indicates that the cryptocurrency market is still focused on fundamentals, which is a healthy signal. The analysis framework suggests that the Crypto market primarily distinguishes the value of smart contract platforms based on fees. In the field of smart contract platforms, both Ethereum and Solana have relatively high fees and market value. Since the end of 2023, Solana's fee income and market share in the smart contract platform field have increased, while Ethereum has lost its main fee income and market value position. In other words, due to changes in fundamental principles, the market has appropriately re priced the relative value of Ethereum and Solana.
