On March 2, 2025, former US President Donald Trump signed an order to establish a strategic cryptocurrency reserve including Bitcoin, Ethereum, Ripple, Solana, and Cardano. This move has sparked debate among tech supporters and could significantly impact the crypto market.
The Ethereum network, a major player in the crypto market, has seen its Ether price drop by 40% over the last three months. As competition from other cryptocurrencies intensifies, including Bitcoin, Solana, and Cardano, investor disillusionment grows. Development issues and recent political decisions have intensified Ethereum's challenges, raising concerns about its future.