In a pointed X post, Ethereum (ETH) veteran, prominent investor, podcaster and crypto educator Ryan Sean Adams describes two alternative medium-term predictions for Ethereum (ETH) as a cryptocurrency. Bearish: Ethereum (ETH)'s inevitable adolescence Ethereum (ETH) may be overlooked by investors during a potential rally in 2024-2025 because it is going through the "awkward" stage of "adolescence". Adams admitted that it looks too slow and expensive compared to various types of second-layer solutions of its own.

While L2 is necessary for scaling such a blockchain and reflects the founders’ vision for its advancement, it is not aligned with the interests of its most obvious investors. Meme coin champions and dApp users (including retroactive airdrop farmers) are too focused on alternative L2/L3 blockchains while institutional “big money” is flowing into Bitcoin (BTC).

U.S. approval of a spot Ether ETF could change that, but as U.Today previously reported, analysts are skeptical about the likelihood of such a step being taken in the coming months.

Therefore, Ethereum (ETH) is going through the challenges of “adolescence” while “infant chains” are finding shortcuts and therefore may look more attractive in the medium term.

Bullish: The monetary economics of the “Chain of Thousands” are rock solid

Meanwhile, the arguments for Ethereum (ETH) optimists also appear strong as of Q2 2024. Ethereum (ETH) has welcomed this cycle stronger than in 2020, with viable over-hyped L2 and zkEVM driving innovation and attracting value. With “rock-solid monetary economics” solidified by ERC 4337 implementation, it remains the only profitable blockchain, while its competitors are not even close to that status. Moreover, Adams said that despite the growing audience of alternative blockchains, the Ethereum (ETH) mainnet remains the root chain of 1,000 blockchains. The author concluded that these two arguments are just “two perspectives for ETH bulls.” Ethereum (ETH) is trading at $2,925, down 3% in the past 24 hours.