- Andre Cronje criticizes Ethereum’s internal problems, noting that Layer 2 projects and central reliance weaken user satisfaction overall.
- He highlights rival blockchains, particularly Solana and Tron, which attract developers through faster processing speeds and simpler interfaces.
Sonic Lab’s co-founder Andre Cronje states that Ethereum faces structural hurdles that discourage him from investing in it. He points out that rival blockchains such as Solana and Tron are drawing more developers with faster transaction times and simpler interfaces. He also believes that Ethereum’s internal disputes are weakening its standing.
Cronje criticizes Ethereum’s Layer 2 projects for splitting liquidity and relying on centralized sequencers. In his view, these factors reduce user satisfaction and create extra sell pressure on ETH. He further notes that an unclear path for scaling has added to Ethereum’s troubles.
Andre Cronje questions Ethereum’s leadership, remarking that people without strong technical backgrounds often lead public discussions. According to him, Solana, Avalanche, and others offer clearer support for new applications. He warns that if Ethereum does not address these problems, it may lose more participants.
ETHNews reported that Ethereum’s price briefly moved above the $2,350 mark but later slipped to around $2,183. Some market watchers predict a rise toward $3,260 if ETH maintains its momentum, though others caution about a possible drop to $1,444 if buyers lose interest.
Cronje concludes that he would choose Solana, Tron, or even XRP over Ethereum, expressing doubts about Ethereum’s long-term health. He highlights that competing chains continue to gain users through streamlined platforms and active backing, putting additional pressure on Ethereum’s progress.
