Here are 9 reasons why to be bullish on Ethereum.

• The biggest new projects are choosing to launch on ETH (PayPal stable coin, Worldcoin etc.)

• The ETH L2 thesis only continues to gain traction: Base launch, TVL at highs + strongest funding of any sector (zkSync, Starknet, Linea etc.)

• $ETH staking ratio continues to climb + has led to the rise of LSDs

• ETH total fee revenue is higher than all other protocols combined

• ETH continues to exhibit deflationary flows

• EIP4844 is on the horizon (set to substantially reduce fees on L2s)

• NFT collections continue to migrate to ETH (degods + y00ts)

• Many L1s are pivoting back towards ETH, Fantom adding optimism rollups, Frax launching an L2 etc.

• SEC "safe"? Labelled commodity by the CFTC + wasn't named as a security in any lawsuit (bar NYAG case)