The founder of Bankless asked the coin holders: Will Ethereum miss this bull market? Which side do you stand on? He said:
The ETH bull market is coming: the fundamentals are good and Ethereum is dominant
Another group of people will refute the first view and believe that after the BTC bull market comes, ETH will reach $10,000.
The current Ethereum is much stronger than it was in 2020. It is not only a profitable blockchain, but also has solid token economics. The world's largest exchanges are doing Ethereum L2, ZkEVMs have also been realized, unlimited L2 budgets are accelerating the development of Ethereum technology, Ethereum ETF is about to be launched, BlackRock's tokenized treasury bonds, etc. The fundamentals of Ethereum are positive.
Some chains may have 1 million users, but Ethereum can be the underlying infrastructure of 1,000 chains, and the fees of 1 million users on each chain will return to Ethereum. L2's decentralized liquidity will also be integrated because L2 chains are accumulating huge centralized debts, which they will return to Ethereum in the future and pay Ethereum through Gas.
For investors who are buying into the new narrative of BTC, it’s only a matter of time before they wake up and start paying attention to cash flow.
In short, it’s foolish to think that Ethereum will miss this bull run, and the possibility is so small that it’s almost not worth considering. The market will actively vote, so the ETH bull run is coming.
