Did Ethereum lose?
On the surface, it earns less than 3% interest, which is indeed lower than some stablecoins or certain lending rates at times.
But! There’s a big twist.
Most of the profitable methods for grabbing business mentioned above are built on the foundation of Ethereum!
They rely on the Ethereum network to operate, and some even directly use ETH to help users earn money.
Ethereum is still the most trusted and important blockchain for everyone, especially in DeFi (and in connecting real-world assets).
The more popular these business-grabbing products become, the more people use Ethereum, the busier the network gets, and the higher the transaction fees, which may actually make ETH itself more valuable in the long run.
So the conclusion is:
The attraction of earning interest on Ethereum may have been diverted, but its position as the foundation and highway of the entire earning ecosystem may actually become more solid.
It hasn't lost; it has just changed the way it wins—it's become a platform that others can't make money without.
