Is Ethereum really dead or just pretending to be dead? Is it still okay? When will the price of the currency take off?
In fact, success and failure are relative. Ethereum has not changed, but BTC and SOL have changed. Everyone is not satisfied with ETH's performance. In fact, the comparison targets are these two.
The consensus of BTC is increasing rapidly. SOL is a high-speed incubator that constantly incubates memes and creates one myth of getting rich quickly after another. Even the current US President Trump has issued coins on SOL.
The former can only prove that BTC is better, and the latter cannot prove that SOL is better than ETH. The low-cost, cheap and fast SOL developed on Sol, that is, some air coins such as memes, have attracted a large number of speculators.
In these aspects, Musk and Trump have set a bad example for the world. For the benefit of their own consortium and to reap profits, they have conveyed to the world the message of getting rich through speculation, instead of vigorously supporting investment rather than speculation like Buffett.
ETH is recognized to be much more secure than Sol's public chain. For some important projects, they first consider security, followed by cost and speed. Therefore, many large projects like RWA will definitely be developed on Ethereum, such as tokenizing U.S. Treasury bonds and U.S. stocks.
So when will the price of the currency take off?
Don’t worry, what is coming will eventually come. If ETH doesn’t reach a new high, it means the bull market has not yet arrived.
In addition to the known upgrade benefits in March, there is another super benefit in the making, that is, the pledged Ethereum ETF. Once this is approved for launch, an interest-bearing ETF asset will be born.
At that time, the ETH ETF will be like a house. If you have enough houses, you only need to collect rent to meet your daily expenses. Tell me whether you are happy or not. This is something that Bitcoin does not have. At that time, ETF issuers such as BlackRock will be very active in promoting Ethereum.
Recently, Ethereum co-founder Joe Lubin revealed that ETF issuers are actively preparing for a pledged Ethereum ETF and are confident that it will be approved under the new SEC leadership.
Lubin said issuers are working to develop the best solutions for clients to deal with the complexities associated with staking and penalty mechanisms, which will help improve the robustness of the ecosystem and customer diversity.
The SEC established a cryptocurrency working group on January 21, led by crypto-friendly commissioner Hester Peirce, to develop a regulatory framework for digital assets.
Currently, there are approximately 33.7 million ETH (worth approximately US$113 billion) staked on the chain, accounting for 28% of the total supply.
If the ETH ETH staking model is approved, more ETH will be locked up, forming a virtuous cycle of spiraling upwards.
If you watch the Spring Festival Gala during the Chinese New Year, you will find that most of the time there is only one program being performed on the stage while the other programs are waiting in the audience, but there will definitely be a chorus, and once the chorus comes out, the Spring Festival Gala is over.
The same is true in the cryptocurrency world. First, big brother Bitcoin comes on stage, then comes the sol performance, then the meme performance, and then it may be ETH's time.
Investing is not a machine gun-like sweep, but a sniper-like precision, and most of the time you are waiting.
Each currency has its own performance time. If the time is not up and it is not your turn, you can just watch from the audience. Don’t be anxious, the big one is not far away.