$ETH

Ethereum’s price has been stagnant lately, frustrating investors who expected more movement. Despite its strong fundamentals, ETH has struggled to break past key resistance levels, leading to speculation that it’s losing relevance. Some critics argue Ethereum is a “dinosaur token,” outdated and overshadowed by newer blockchains with faster transactions and lower fees. However, dismissing ETH as obsolete is premature. The Ethereum ecosystem remains the largest in DeFi and NFTs, and its transition to proof-of-stake significantly improved energy efficiency. While competitors like Solana and Avalanche offer advantages, Ethereum’s extensive developer base and ongoing upgrades, like Danksharding, suggest it’s far from finished. Short-term price stagnation doesn’t erase its long-term potential. Those writing off ETH now may find themselves regretting it when momentum returns.