The recent loss of vitality in Ethereum (ETH) is mainly due to two reasons: first, the vampire attack of the Restaking track on Layer 2 technology, leading to the diversion of ETH ecosystem resources and limited application development; second, the key opinion leaders in the Ethereum ecosystem have gradually become aristocratic, forming a class of interests, and the lack of incentives has led to a lack of innovation. Despite facing difficulties, the long-term trend for ETH remains optimistic, as its positioning as a decentralized execution environment has not changed. It only needs to integrate resources and promote application development, and the future is still bright.
