ETH will eventually return. After being depressed for so long, I haven't seen anything creative. ETH that has passed the ETF is the most compliant public chain at present, no doubt about it.
If ETH pledge of ETF is allowed, it will still be a compliant blockchain interest-bearing asset.
So it's time to return to paying attention to ETH.
I think DeFi is worth paying attention to again. It has real applications and revenue models, and because of decentralization, it has regulatory arbitrage advantages.