The post Kevin O’Leary Criticizes Ethereum Network Scalability appeared first on Coinpedia Fintech News On October 17, 2025, Ethereum (ETH) is trading around $3,870, marking a decline of approximately 3.92% from the previous close. The intraday high reached $4,076.22, while the low dipped to $3,835.35. This downturn is part of a broader cryptocurrency market correction, with the market losing over $100 billion in just three hours. Kevin O’Leary Criticizes …The post Kevin O’Leary Criticizes Ethereum Network Scalability appeared first on Coinpedia Fintech News On October 17, 2025, Ethereum (ETH) is trading around $3,870, marking a decline of approximately 3.92% from the previous close. The intraday high reached $4,076.22, while the low dipped to $3,835.35. This downturn is part of a broader cryptocurrency market correction, with the market losing over $100 billion in just three hours. Kevin O’Leary Criticizes …

Kevin O’Leary Criticizes Ethereum Network Scalability

3 min read
Kevin O’Leary

The post Kevin O’Leary Criticizes Ethereum Network Scalability appeared first on Coinpedia Fintech News

On October 17, 2025, Ethereum (ETH) is trading around $3,870, marking a decline of approximately 3.92% from the previous close. The intraday high reached $4,076.22, while the low dipped to $3,835.35. This downturn is part of a broader cryptocurrency market correction, with the market losing over $100 billion in just three hours.

Kevin O’Leary Criticizes Ethereum Scalability and Gas Fees

Canadian businessman and “Shark Tank” star Kevin O’Leary recently stated that Ethereum “cracks” under pressure as real-world adoption increases. 

He highlighted network congestion, claiming that transaction fees are excessively high, joking: 

Ethereum Community Pushback on O’Leary’s Claims

Ethereum advocates were quick to counter O’Leary’s assertions. Actual gas fees for standard transactions are closer to $22 for a simple swap, far below his exaggerated $1,000 figure. Community members emphasized that Ethereum’s Layer-1 network is primarily a secure settlement layer, not a retail transaction highway. 

Focus on Bitcoin and Ethereum: O’Leary’s Strategy

O’Leary also noted that he plans to focus exclusively on Bitcoin and Ethereum, leaving out altcoins from his portfolio. He explained that these two assets cover around 90% of the crypto market exposure he seeks, reinforcing his belief in their dominance in the digital asset ecosystem.

  • Also Read :
  •   Crypto News Today (Live): Real-Time Updates on October 17, 2025
  •   ,

Despite criticism, Ethereum continues to support smart contracts, decentralized applications (dApps), and tokenized assets, forming the backbone of the broader blockchain economy. The ongoing debate highlights concerns about Ethereum network scalability, high transaction fees, and readiness for mainstream adoption.

Ethereum Price Analysis

From a technical perspective, Ethereum is showing signs of weakness. The weekly Relative Strength Index (RSI) has fallen below the 14-day EMA, historically a strong sell signal for ETH. 

Similar patterns at the $4,100 level previously led Ethereum to decline 49% and 63%, reaching or dipping below the 200-day EMA. If history repeats, ETH could potentially drop to $2,500, a 37.5% decline from current levels.

Despite bearish signals, Ethereum’s trend line around $3,500 may offer near-term support, potentially limiting losses to around 12.5% in a milder pullback. Traders and investors are closely monitoring this level, along with market sentiment and macroeconomic developments, to anticipate Ethereum’s next move.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

bell icon Subscribe to News

FAQs

Why is Kevin O’Leary criticizing Ethereum?

Kevin O’Leary criticizes Ethereum’s scalability, claiming high transaction fees during network congestion make it impractical for mass adoption, though his fee examples are disputed.

What are the actual Ethereum gas fees right now?

Actual fees vary but are far lower than often cited; a standard swap can cost around $22, not the extreme $1,000 figures used in criticisms.

Is Ethereum a good investment despite high fees?

Many investors see value in Ethereum as a foundational platform for dApps and DeFi, viewing its security and utility as outweighing current fee challenges.

What is the price prediction for Ethereum?

Technical analysis suggests a potential bearish trend. If key support breaks, ETH could see a significant decline, with $2,500 cited as a possible target.

Market Opportunity
Ethereum Logo
Ethereum Price(ETH)
$1,937.59
$1,937.59$1,937.59
-1.21%
USD
Ethereum (ETH) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

The post Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council appeared on BitcoinEthereumNews.com. Michael Saylor and a group of crypto executives met in Washington, D.C. yesterday to push for the Strategic Bitcoin Reserve Bill (the BITCOIN Act), which would see the U.S. acquire up to 1M $BTC over five years. With Bitcoin being positioned yet again as a cornerstone of national monetary policy, many investors are turning their eyes to projects that lean into this narrative – altcoins, meme coins, and presales that could ride on the same wave. Read on for three of the best crypto projects that seem especially well‐suited to benefit from this macro shift:  Bitcoin Hyper, Best Wallet Token, and Remittix. These projects stand out for having a strong use case and high adoption potential, especially given the push for a U.S. Bitcoin reserve.   Why the Bitcoin Reserve Bill Matters for Crypto Markets The strategic Bitcoin Reserve Bill could mark a turning point for the U.S. approach to digital assets. The proposal would see America build a long-term Bitcoin reserve by acquiring up to one million $BTC over five years. To make this happen, lawmakers are exploring creative funding methods such as revaluing old gold certificates. The plan also leans on confiscated Bitcoin already held by the government, worth an estimated $15–20B. This isn’t just a headline for policy wonks. It signals that Bitcoin is moving from the margins into the core of financial strategy. Industry figures like Michael Saylor, Senator Cynthia Lummis, and Marathon Digital’s Fred Thiel are all backing the bill. They see Bitcoin not just as an investment, but as a hedge against systemic risks. For the wider crypto market, this opens the door for projects tied to Bitcoin and the infrastructure that supports it. 1. Bitcoin Hyper ($HYPER) – Turning Bitcoin Into More Than Just Digital Gold The U.S. may soon treat Bitcoin as…
Share
BitcoinEthereumNews2025/09/18 00:27
Breaking: CME Group Unveils Solana and XRP Options

Breaking: CME Group Unveils Solana and XRP Options

CME Group launches Solana and XRP options, expanding crypto offerings. SEC delays Solana and XRP ETF approvals, market awaits clarity. Strong institutional demand drives CME’s launch of crypto options contracts. In a bold move to broaden its cryptocurrency offerings, CME Group has officially launched options on Solana (SOL) and XRP futures. Available since October 13, 2025, these options will allow traders to hedge and manage exposure to two of the most widely traded digital assets in the market. The new contracts come in both full-size and micro-size formats, with expiration options available daily, monthly, and quarterly, providing flexibility for a diverse range of market participants. This expansion aligns with the rising demand for innovative products in the crypto space. Giovanni Vicioso, CME Group’s Global Head of Cryptocurrency Products, noted that the new options offer increased flexibility for traders, from institutions to active individual investors. The growing liquidity in Solana and XRP futures has made the introduction of these options a timely move to meet the needs of an expanding market. Also Read: Vitalik Buterin Reveals Ethereum’s Bold Plan to Stay Quantum-Secure and Simple! Rapid Growth in Solana and XRP Futures Trading CME Group’s decision to roll out options on Solana and XRP futures follows the substantial growth in these futures products. Since the launch of Solana futures in March 2025, more than 540,000 contracts, totaling $22.3 billion in notional value, have been traded. In August 2025, Solana futures set new records, with an average daily volume (ADV) of 9,000 contracts valued at $437.4 million. The average daily open interest (ADOI) hit 12,500 contracts, worth $895 million. Similarly, XRP futures, which launched in May 2025, have seen significant adoption, with over 370,000 contracts traded, totaling $16.2 billion. XRP futures also set records in August 2025, with an ADV of 6,600 contracts valued at $385 million and a record ADOI of 9,300 contracts, worth $942 million. Institutional Demand for Advanced Hedging Tools CME Group’s expansion into options is a direct response to growing institutional interest in sophisticated cryptocurrency products. Roman Makarov from Cumberland Options Trading at DRW highlighted the market demand for more varied crypto products, enabling more advanced risk management strategies. Joshua Lim from FalconX also noted that the new options products meet the increasing need for institutional hedging tools for assets like Solana and XRP, further cementing their role in the digital asset space. The launch of options on Solana and XRP futures marks another step toward the maturation of the cryptocurrency market, providing a broader range of tools for managing digital asset exposure. SEC’s Delay on Solana and XRP ETF Approvals While CME Group expands its offerings, the broader market is also watching the progress of Solana and XRP exchange-traded funds (ETFs). The U.S. Securities and Exchange Commission (SEC) has delayed its decisions on multiple crypto-related ETF filings, including those for Solana and XRP. Despite the delay, analysts anticipate approval may be on the horizon. This week, REX Shares and Osprey Funds are expected to launch an XRP ETF that will hold XRP directly and allocate at least 40% of its assets to other XRP-related ETFs. Despite the delays, some analysts believe that approval could come soon, fueling further interest in these assets. The delay by the SEC has left many crypto investors awaiting clarity, but approval of these ETFs could fuel further momentum in the Solana and XRP futures markets. Also Read: Tether CEO Breaks Silence on $117,000 Bitcoin Price – Market Reacts! The post Breaking: CME Group Unveils Solana and XRP Options appeared first on 36Crypto.
Share
Coinstats2025/09/18 02:35
Optimizely Named a Leader in the 2026 Gartner® Magic Quadrant™ for Personalization Engines

Optimizely Named a Leader in the 2026 Gartner® Magic Quadrant™ for Personalization Engines

Company recognized as a Leader for the second consecutive year NEW YORK, Feb. 5, 2026 /PRNewswire/ — Optimizely, the leading digital experience platform (DXP) provider
Share
AI Journal2026/02/06 00:47