📉 ETH is down ~45% from its all-time high

Oct 2025: $3,600+. Today: ~$2,468.

The drawdown is deeper than BTC's — but look at the network:
‱ 1M+ validator nodes
‱ $70B+ staked collateral
‱ Record L2 and stablecoin activity

Price follows usage with a lag. It always has. 2023's answer was $3,500+ in 2024.

What's 2027's answer going to be? đŸ€”

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