More TXs are being performed by $ETH than at ATH. It is deflationary; the exchange supply is at a seven-year low, and 30% of the supply is staked. However, it's still 50% down. BlackRock's $1.4 billion purchase of $ETH

was not a mere pastime. In order to pursue memes, public companies are not raising billions of dollars. Your centralised L1 chain isn't being chosen by institutions. Cheap Ethereum is a gift, something that most retail establishments will never see.#Ethereum