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Ethereum Faces Market Challenges as Analyst Predicts Continued Decline Amid Layer-2 Impact and Upcoming Pectra Upgrade

Q: What are the important details about Ethereum Faces Market Challenges as Analyst Predicts Continued Decline Amid Layer-2 Impact and Upcoming Pectra Upgrade?

Ethereum’s market position faces challenges as Layer-2 networks, particularly Coinbase’s Base, are estimated to have diminished ETH’s market cap by $50 billion. Standard Chartered’s You can read the full article for more information.