๐ Ethereum in 2025: Undervalued Giant
---
๐ On-Chain Data Doesn't Lie
Active ETH wallets are down ~15% YoY.
ETH staking hit record highs (32M+ ETH), reducing sell pressure, but also removes liquidity from the market.
NFT volume is fragmented โ and ETH is losing share to cheaper chains.
Yet, ETH's deflationary supply post-Merge continues. Since the Merge, over 1.5 million ETH has been burned. Scarcity is increasing, but demand isnโt spiking... yet.
---
๐งญ Outlook: What Could Flip the Switch?
1. ETH ETF Approval (Spot): If Bitcoin gets one, Ethereum is next. Institutions are watching.
2. More L2 Consolidation: If L2s start routing more fees back to Ethereum (via EIP-4844 and future tokenomics), ETH value accrual improves.
3. Restaking Narrative: As EigenLayer matures, ETH could become the de facto "security layer" of all modular chains.
4. Regulatory clarity: If ETH is deemed not a security in the U.S., it unlocks institutional flows similar to BTC.
---
๐ฎ Final Take
ETH is currently misunderstood, not broken. While the price stalls, the fundamentals are quietly strengthening. The Ethereum ecosystem is playing the long game โ building infrastructure, attracting builders, and pushing decentralization.
So the question isnโt โWill ETH go up?โ
Itโs โAre you early enough to still care?โ
---
๐ Holding ETH? Farming on L2s? Building in the modular space? Letโs talk in the comments.๐
#Ethereum #ETH #BinanceSquare #CryptoAnalysis #Web3 #Restaking #ETHETF
