What sin have you committed? Buy Ethereum! #ETH
I believe this is the common voice of many investors in this round of bull market. Watching other coins soaring, while the ETH in your hands is standing still, it is really frustrating.
Recently, meme coins have soared like a rocket, and Bitcoin has also performed very strongly, but Ethereum seems to be weak. Especially its ecological tokens, such as L2's leading coins OP, ARB, STRK, pledge infrastructure LDO, and DeFi and NFT projects, are all lying at low levels. Funds would rather speculate on air coins than touch these tokens with actual value, which is really tiring.
There is no large-scale capital entering the market, and the existing funds cannot carry Bitcoin. Institutional tokens are unblocked every day, sold for cash, and funds can only flow to meme coins. Even so, Ethereum is still the project with the most solid technical applications and infrastructure. The main reason why funds are unwilling to speculate on Ethereum is the lack of large-scale ecological landing, resulting in insufficient demand for ETH.
In contrast, the hype of meme coins has brought a lot of demand for SOL, so SOL has been rising. When the demand for Ethereum's ecosystem explodes, the market will truly return to the right track, and we ETH holders will finally be able to hold our heads high.
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