Ethereum (ETH) About to Do Something Unprecedented

Ethereum is facing the very real possibility of recording three consecutive losing quarters for the first time ever.

Alex Dovbnya · 21 Jun 2026 · 4 min read

Wire content from U.Today

Ethereum (ETH) About to Do Something Unprecedented

News

By
Alex Dovbnya

Sun, 21/06/2026 – 19:21

Ethereum is facing the very real possibility of recording three consecutive losing quarters for the first time ever.

Ethereum (ETH) About to Do Something Unprecedented

Cover image via depositphotos.com

The massive losing streak
The top issues plaguing ETH

Ethereum is on the verge of making unfortunate history.

The second-largest cryptocurrency by market capitalization is on the cusp of recording three consecutive losing quarters for the very first time.

At press time, the flagship altcoin, which recently slipped to fifth place by market capitalization, is changing hands at $1,732, CoinGecko data shows.

HOT Stories

Ethereum (ETH) About to Do Something Unprecedented

Scaramucci: 5 Reasons Why I’m Still Long BTC

The massive losing streak

What is notable is that Ethereum has never printed three consecutive losing quarters. However, this is about to become reality.

Ethereum ended the final quarter of 2025 deep in the red with a return of 28.28%. Bears extended their winning streak into the new year, which has resulted in a 29.26% decline.

The top issues plaguing ETH

The flagship altcoin is currently struggling due to a myriad of issues that include

mounting internal crises, leadership instability, and the terrible performance of the broader cryptocurrency market.

The network is currently facing a slow-burning funding crisis, which, according to Trent Van Epps, could unfold as soon as this year.

Sustaining the network’s researchers, client teams, and coordination groups costs roughly $30 million on an annual basis, and it is not clear whether this funding is actually secure as of now.

On top of that, the Ethereum Foundation has been hit by a wave of recent departures. As reported by U.Today, co-executive director Hsiao-Wei Wang recently announced that he was stepping down after nearly nine years with the organization. This leaves Bastian Aue as effectively the sole executive director.

There were at least eight other senior developers and researcher departures in 2026. They include the resignation of co-executive director Tomasz Stańczak in February.

ETH is down roughly 65% from its record high, and Ethereum’s Buterin is currently busy writing a new sci-fi novel, which has ruffled some feathers within the community.

Needless to say, things look pretty bleak for the flagship altcoin as of now.

#Ethereum News
#Ethereum Price Prediction