At present, the Ethereum community and ecosystem are still strong, and there are no fundamental problems. Ethereum's huge advantage is its robustness, which is why financial giants such as Blackstone and JPMorgan Chase are willing to settle and tokenize assets on Ethereum. These companies have zero tolerance for "downtime" or security issues.
Currently, 52% of stablecoins and 73% of US Treasury bonds are tokenized on Ethereum. Another reason is that there are still many ecological users, a large number of developers, and a very large ecosystem, and there is no shortage of ecological users.
Therefore, I think Ethereum's fatigue is only temporary, and there is no sign of Ethereum's "decline". With a current market share of 14.5%, even if nothing is done, the future is bright.
In 2021, Ethereum went from $85 to $4,880, a 57.5-fold increase. At that time, ICO swept the world; in 2017, Ethereum went from $5 to $1,440, a 250-fold increase. DeFi became the engine at the time.
Ethereum has also faced more serious trust challenges in history. Therefore, for this project known as the "King of Blockchain", we should perhaps maintain more patience and confidence.
So what price can Ethereum reach in this bull market? With the technical upgrade of Ethereum, the bloodsucking of the L2 ecosystem will be solved, and everything will be back on track. In this bull market, the 5-fold space is completely conceivable, and 10,000 US dollars is within reach.
In contrast, the development speed of#SOLis too strong. Several waves of enthusiasm in this round are driven by MEME. SOL has attracted the main battlefield of MEME because of the advantages of the chain itself.
In the case that Meme absorbs market sentiment and becomes a mainstream gambling game, SOL has become a demand chip. The more people gamble, the more favorable the price of SOL will be.
It was MEME that chose SOL in this round. SOL also gave back to MEME by pulling the plate, and this increase is what it deserves. But the future cannot rely solely on gambling to develop. As long as you are an old leek, you know that casino chains generally do not survive for a few years$ETH