ETHEREUM

‣ In 2018: -94% from ATH

‣ In 2021: +5,200% from bottom

‣ In 2022: -82% from top

‣ In 2023: flat for 12 straight months

‣ In 2024: underperformed BTC

‣ Supply post-Merge: down 493K ETH

‣ Staked: 32.8M that is $120B

‣ ETF approved: no effect

‣ Fees burned: 4.4M that is $15B

‣ Dominance: lowest since 2018

$ETH is still underperforming $BTC

$ETH/BTC at 3-year lows

$ETH dominance down from 21% to 17%

Strongest fundamentals in the market but still treated like an alt