“The layer-2 road map shipped without careful examination of the economics,” said Max Resnick, head of research at Special Mechanisms Group, which is owned by Ethereum developer Consensys Systems.

‘[Ethereum] is setting up for a face-melting rally later this year. Just be patient and take advantage of the dips for now.

The price of the world’s leading cryptocurrency, bitcoin, is expected to skyrocket past $150,000 in 2025, while ethereum, the world’s second-largest crypto is forecast to exceed $8,000, according to ...