Many people are joking that the #Ethereum system is dying because Vitalik has a girlfriend and is busy going out and not coding anymore while the $SOL system is rising strongly to gain market share
Of course it is just a joke but it is clear that the serious decline in the parameters of the Ethereum ecosystem is true - however this is due to another factor and not related to the efforts of the $ETH team
Overall, Ethereum has done very well over the past year:
- After a series of updates, the gas fee on Ethereum and L2s has become very cheap, the speed has also been significantly improved and there are more and more technologies supporting new users!
- Legally, it has been too successful to have $ETH ETF!
- Vitalik is still actively participating in events to spread the fire
Everything about Ethereum is clearly still going well, especially the approval of ETHETF is a huge success, I myself did not think that ETH ETF would be approved so soon
However, in terms of investment and speculation, $ETH and its ecosystem are too heavy and need strong sprints like this to see who is "not wearing pants" - Who is the real holder, who is a casual holder without a political opinion