That is crazy. But Bitcoin went from $70,000 to $115,000 - well I believe it isn’t about how much people invest or believe in the coin. It’s about scarcity and demand.

A year ago, $ETH traded at $3,700.
Today it's at $2,500, even after:

→ zk tech scaling Layer 1.
→ ETH ETFs approved.
→ Public companies holding ETH.
→ Native L2 roadmap laid out.
→ Ethereum Foundation revamped.
→ The GENIUS bill.
→ Pro-crypto SEC tone.

ETH still under $3,000 is wild.