Ethereum

📉 ETH’s price is lagging—has its role in Web3 changed?

ETH last hit $4,800 during the DeFi boom, but in 2024-25, it’s underperforming BTC. Why?

DeFi is fragmented across multiple chains.

L2s now handle most transactions, reducing mainnet gas demand.

ETH demand is shifting from dApps to staking & settlements.

Ethereum is evolving from a transactional asset to a settlement token, solidifying its role as Web3’s security and data availability layer.

DeFi & Crypto Research | Senior Writer - The Coin Bureau

A dreamer lost among the stars, seeking purpose in the cosmos.

Very interesting. @ignas put it brilliantly comparing it with the state of $ATOM, where the token doesn't accrue the value of its robust ecosystem.

it’s interesting how eth’s role is shifting. i guess the focus is more on staking and security now, especially with all these l2s taking over transactions. gonna be curious to see how this plays out in the long run.