Ethereum (ETH) has been all over the place. It rose from below $ 100 to $ 1200. It is fallen all the way back to $ 125. It clearly indicates that something is wrong with Ethereum (ETH). The problem is the main issue is recognizable for most of the traders and investors. It is scalability. Unless and until Ethereum (ETH) developers tackle this problem, it will be challenging for Ethereum (ETH) to move forward.
It’s time Ethereum (ETH) tackles the elephant in the room:
On the other hand, there are credible alternatives which are available these days. Options are EOS and Tron (TRX). Earlier, whenever such a problem occurred, there were no feasible alternatives. Also, since the scale of usage of the blockchain technology was on the lower side, such a problem seldom occurred. However, this time around the problem is happening much more frequently. As a result, the entire blockchain is slowing down.
The founder of Tron (TRX), Justin Sun is already making the most to attract more and more developers for the Ethereum (ETH) blockchain. It is offering decentralized applications migration fun to attract more developers from the other blockchains. It seems to be working for now.
That is why time is running out for Ethereum (ETH). Unless and until it does not tackle the elephant in the room, it will be tough for it to gain users and even retain the current users consistently.