Odaily Planet Daily reports that Wang Chun, co-founder of F2Pool, responded to recent fluctuations in the crypto market cycle on the X platform. He stated that Ethereum once dropped to $1,386 in April 2025, but rebounded to $4,956 just four months later. He emphasized that the market is cyclical and investors should not be swayed by short-term panic.
Previously, Wang Chun also pointed out that the proof-of-work (PoW) mechanism is Bitcoin’s “constitution.” Respect for the mining process and the core role of miners in Bitcoin network governance is essential. Without miner support, SegWit activation would be difficult, and the Lightning Network would be hard to implement. Miners are a vital force in maintaining Bitcoin’s security and stability, having played key roles in multiple controversies, including the hash power battles around Bitmain, the fork stance related to Roger Ver, the Satoshi Nakamoto identity dispute sparked by Craig Wright, and the BIP-110 proposal, which some community members viewed as a farce.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ethereum 'flippening' odds rise, but it won't involve Bitcoin
Ether’s (ETH) grip on the cryptocurrency market’s number-two spot is weakening, not because it is getting any closer to overtaking Bitcoin (BTC), but because the stablecoin economy is booming.
Key takeaways:
Ether’s hold on crypto’s number-two spot weakens as Tether’s growth
Cointelegraph1m ago
BNP Paribas Launches Six BTC, ETH ETNs for French Retail Clients
BNP Paribas is expanding its investment lineup in France by launching six crypto-linked exchange-traded notes (ETNs) that track the prices of Bitcoin and Ether. The regulated notes will be available to retail clients from Monday through standard securities accounts and Hello bank!, the group’s
CryptoBreaking1h ago
Bitcoin’s Structural Limits May Open Door for Ethereum Growth, Analyst Says
_Bitcoin’s structural constraints may slow adaptation, while Ethereum’s model supports stronger long-term positioning._
Bitcoin faces structural friction that could gradually tilt long-run incentives toward Ethereum, according to market commentator John Galt. He argues that Bitcoin’s upgrade model,
LiveBTCNews2h ago
