$ETH fundamentals remain very strong, but structural shifts (towards L2s) and network risk means it’s not a “set and forget” bet — it's very much a growth + yield play now
Exchange reserves of $ETH are declining, suggesting lower sell-side pressure.
But some community voices worry that as L2s grow, $ETH might not capture as much of the economic value (fees, MEV) as before.
ETH
2,825.51
+2.95%