$ETH DeFi, and NFT. But, is its future still that bright?

With high gas fees and stiff competition from Solana and Cardano, Ethereum faces serious challenges.

But it is fighting back:

Transitioning to Proof of Stake

Backed by Layer 2 (Arbitrum, Optimism)

Constant updates through EIPs and future splits

Short-term outlook:

Very volatile, driven by sentiment