Crypto’s ‘Middle Child’ Ethereum Flounders as Rivals Gain Ground

Crypto’s ‘Middle Child’ Ethereum Flounders as Rivals Gain Ground

Ethereum faces pressing questions over its direction as a rejigged user experience saps activity and fees, stoking uncertainty about whether the blockchain will continue to underpin commerce in crypto. Critics point to a growing reliance on so-called Layer-2 blockchains, built on top of Ethereum to improve otherwise clunky and costly…