I do think ETH will be fine, I just struggle with the case for owning it vs BTC/SOL, and haven’t heard a good case for why it’s bullish *against* those assets. 

We saw like a week post-election where it outperformed, and then ETHBTC got sent back down to new lows. Would be keen to hear a material case for ETHBTC or ETHSOL being green over the next 1y

BTC at ATHs
SOL <10% off ATHs
ETH at the same price it’s been all year, still 60+% off ATHs

I still hold ETH but it’s for spiritual reasons not financial ones

Turns out ETH was the stable coin all along?

I’ve wondered in the past if this could happen. Given the economic layers on top of it, could activity be self-modulated enough to be somewhat consistent over time? Could there be so much else going on on top of it that ETH’s stability is a net benefit?

Not sure it’ll play out like this, I just like the idea of an organic, emergent stablecoin.