Ether (ETH) has established itself as the industry’s second most valuable cryptocurrency after Bitcoin for many years. The notion of BTC ($104,402.06) as “digital gold” has gained traction, with Ethereum often dubbed the “digital silver.” However, just as Bitcoin has been the subject of heavy criticism, Ether has not been spared, and some commentators have raised critical questions about its future viability.

Ether’s performance has come under the spotlight as the crypto market rallies. While ETH has not severely underperformed, many still consider its ...