Andre Cronje, co-founder of Sonic Labs, criticizes Ethereum’s performance due to competition from Solana and Tron, as well as internal conflicts. He warns of a potential price drop to $1,444 as key support levels are at risk.

Cronje expresses that Ethereum is losing its developer appeal, suggesting a focus on other blockchains like Solana or Tron. He emphasizes concerns over Ethereum’s leadership and ongoing competition that may hinder its growth.