Ethereum's price dropped from $4,000 to $1,859

Ethereum's price has dropped significantly over the past year, falling from $4,000 to about $1,859. This decline reflects ongoing issues with high transaction fees and slow processing times compared to competitors like Solana. Despite Ethereum's strong market cap of $229 billion, it struggles to attract developers and investors due to these challenges. Recent leadership changes aim to improve the technology, but positive results may take time to materialize. Investors are advised to be cautious, as there are no clear signs of recovery. While Ethereum remains a major player in the cryptocurrency market, potential buyers should proceed carefully.