ETH: The Sleeping Giant of This Bull Run
• BTC at $40K? ETH $3K.
• BTC at $90K? ETH still $3K.
This cycle, ETH feels like it’s been left behind. In 2017 and 2021, ETH thrived with ICOs and DeFi driving demand. Now? MEME tokens and SOL dominate. Restaking is ETH’s only real innovation, but who cares about a few percentage points when the market is mooning?
Why ETH Is Lagging:
1. No Major Narrative: MEME and SOL are taking the spotlight.
2. Future Hope: Staking ETFs and sector rotation could drive late-cycle demand.
3. History Repeats: Even neglected chains eventually pumped in past cycles.
What’s Next?
ETH’s main run likely comes mid-to-late bull cycle. It’s a slow burn, but patience might pay off when the market rotates or ETFs bring institutional flows. Until then, ETH is the giant waiting to wake.