😌 Is $ETH Dead Soon?
Yesterday, Cardano’s founder claimed Ethereum might not survive the next decade — ironic coming from someone whose own project is long dead and forgotten.
Let’s be real: ETH hasn’t been in top shape lately. It's underperforming not just BTC and SOL. Why?
In my view — retail got wrecked. Everyone was betting on ETH going to 10k early in the bull. And as always — where the crowd piles in, you get the weakest growth and nastiest corrections.
Add to that the L2 bubble that popped. Remember the 2024 hype around Layer 2s? Everyone thought it was the 🚀 future of DeFi. And what’s the result? STRK — despite raising hundreds of millions — pulls in $200 in daily revenue.
A wave of inflows is shifting from ETH to SOL, with people publicly distancing themselves from Vitalik.. But I’ve seen this movie before — early in the bull, it was the opposite: everyone ignored SOL and bet big on ETH. Feels like history is rhyming.
Regardless, I remain bullish on ETH! 🚬 Most of my portfolio is in it. It already has an ETF, and staking will likely be legalized soon. The Pectra upgrade is coming in May. Big players like BlackRock are loading up on supply — clearly betting on the upside.
The hate? It means nothing.
It’s just more fuel for the rocket to $10,000!
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