The price of Ether (ETH) saw a substantial 6.2% increase between November 3 and November 5. However, Ether is struggling to break through the $1,900 resistance. Despite the recent bullish trend, Ether's 17% gain in the last 30 days falls short of Bitcoin's impressive 27% increase in the same period.

Several factors are contributing to Ether's underperformance. There is ongoing uncertainty related to Consensys, a key player in the Ethereum ecosystem, as former employees have filed a lawsuit against the company and its co-founder Joseph Lubin. Additionally, regulatory challenges have hampered the Ethereum ecosystem, with concerns arising around PayPal's PYUSD stablecoin operating on the Ethereum network, leading to a subpoena from the United States Securities and Exchange Commission.

Criticism regarding the decentralization of financial applications on the Ethereum network has also emerged. Chainlink, a popular oracle services provider, reduced the number of participants in its multisignature wallet, highlighting governance issues.

Furthermore, other major altcoins like Solana (SOL), XRP, and Cardano (ADA) have outperformed Ether with significant returns in the last 30 days. High gas fees and a drop in total deposits on the Ethereum network are also hindering Ether's performance. Ethereum DApps have experienced a drop in total value locked (TVL), indicating reduced activity. Active addresses on the Ethereum network have decreased, while Solana's top applications have seen an increase in active users.

Lastly, on-chain activity suggests an increase in user deposits of Ether at exchanges, potentially signaling a preference for selling as Ether approaches $1,900. All of these factors are contributing to the challenge Ether faces in breaking the $1,900 resistance.