Coinbase: Ethereum could see unexpected gains in coming months

Coinbase (COIN) said in a research report on Wednesday that Ethereum's performance has lagged the broader cryptocurrency market this year, but its long-term positioning remains strong and an unexpected rise is possible, Golden Finance reported. “Ethereum could see unexpected gains in the coming months,” the report said, noting that the cryptocurrency does not have “major sources of supply-side excess,” such as pressure from token unlocks or miner sales.