Many brothers say we should analyze ETH carefully
Is it worth investing, and how will it develop in the future?
Today we will analyze a few points carefully
(1) The truth revealed by on-chain data: ETH is currently living off its past achievements, with little progress
The team's next major upgrade is scheduled for 2029, with slow progress
It is now 2025, but the number of active addresses on-chain and daily transactions
Comparable to the level of 2021
In 2021, there were 440,000 active addresses
By 2025, there will be 450,000 active addresses
Furthermore, the number of on-chain contract deployments is even lower than in 2021
Through on-chain data, we found that ETH's growth has stagnated
There is visibly no progress
(2) The inflation issue is somewhat difficult to digest
After the Cancun upgrade, ETH has shifted from deflation to inflation.
Since last April, it has been inflationary, with about 600,000 ETH inflation in a year
Valued at $20 billion, the selling pressure is still relatively large
(3) Facing challenges from relatively strong competitors
Currently, the active users on Sol greatly exceed those on ETH and other ETH L2s
After the launch of new public chains like Bear Chain and Monad this year
ETH's status will be further weakened
(4) The team has lost motivation
The ETH Foundation has already fallen into a model of young models and yachts
Decreased funding for developers and surrounding ecosystem
The co-founders are no longer working, selling coins when the price is high
They made a lot of money in previous years, so they don't want to work hard anymore
In summary, ETH is not a very good investment target
Investing in ETH is not as good as investing in BTC
In another 2 years, ETH may become the next LTC
Every generation has its talents, each leading the trend for decades
This is a natural law, unavoidable
ETH has already experienced its golden peak period and is gradually heading towards decline $ETH