An interesting phenomenon has emerged in the Crypto Assets market recently: altcoins have not risen as universally as usual. The root of this anomaly may be traced back to Ethereum (ETH)'s significant transition in 2022.

At that time, Ethereum abandoned the same proof-of-work (PoW) mechanism as Bitcoin and adopted the proof-of-stake (PoS) consensus mechanism. This decision seemed avant-garde at the time, but in retrospect, it may be a double-edged sword.

Bitcoin has been at a new high for some time, while Ethereum's performance has been relatively weak. This discrepancy may stem from Ethereum's transition to PoS. This decision seems to require years to truly understand its impact, and right now, we may be witnessing the long-term consequences of this decision.

There are views that Ethereum's transformation this time may limit its future development potential to some extent. This not only affects Ethereum itself but may also have a ripple effect on the entire Crypto Assets ecosystem, especially on those small cryptocurrencies known as "alts."

It is worth noting that Ethereum, as the second largest crypto asset, has a significant impact on the entire market. If Ethereum cannot break through its current predicament, it may continue to suppress the vitality of the entire crypto assets market.

However, we should not ignore the complexity of the market and other potential factors. The regulatory environment, macroeconomic conditions, technological innovations, etc. may have a significant impact on the Crypto Assets market. Therefore, attributing all issues to Ethereum's transformation may be an oversimplification.

In the future, the development trend of the Crypto Assets market remains full of uncertainty. Investors and market participants need to closely monitor technological developments, market trends, and regulatory changes in order to better understand and respond to market fluctuations.