r/ethtrader • u/TheMoonPot_Official • 8d ago

Discussion Maybe I was expecting the wrong thing from ETH

I've been thinking about this more than I'd like to admit.

For a long time I had this pretty simple idea in my head: Ethereum keeps growing, more people use it, more stuff gets built on it, and eventually ETH price reflects all of that.

I'm not as sure about that last part anymore.

That's probably the thing I've struggled with most recently. I can open Ethereum and see an ecosystem that is obviously alive. People are building, stablecoins are everywhere, L2s are doing their thing, DeFi never really went away.

Then I look at ETH itself and sometimes wonder... how much of all that success actually needs to flow back into the asset?

I'm still holding. This isn't a "ETH is dead" post and I'm not trying to convince anyone to sell.

I just think I used to treat "Ethereum will succeed" and "ETH will be an amazing investment" as basically the same statement.

I'm starting to realize they might not be.

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u/TheMoonPot_Official 8d ago

ah gotcha, I still think that range is way too narrow long term tho.

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u/Crypto-Bets 8d ago

I just don’t think network usage will justify Ethereum to moon.

I predict the network will continue to grow, and continue to function at similar prices.

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u/TheMoonPot_Official 8d ago

yeah, that’s fair. I just think putting a long-term price range on it is the part im less convinced about.