Ethereum: The Undervalued "Infrastructure Maniac" Will Ultimately Make a Comeback!

When the market is dominated by Bitcoin's "digital gold" and the meme frenzy of Solana, Ethereum is like a low-key engineer, quietly "building bridges and paving roads" in the world of code. Its price may be temporarily sluggish, but if you look at its "construction blueprint," you will find that a "underlying revolution" that will disrupt the crypto world has quietly begun.
Say goodbye to the "cut network" Stone Age
Have you ever experienced the tragedy of mistakenly sending ETH to an Arbitrum address? Ethereum developers have finally taken action! Two new standards—ERC-7930 (machine-friendly address) and ERC-7828 (human-friendly address)—will put an end to cross-chain confusion. 0xabc123@eth, 0xabc123@arb: in the future, your wallet address will come with a "chain identifier," making token transfers as simple as choosing a domain name for an email.
Unified Interface Protocol:
DApps and browsers do not require manual network switching, truly achieving "one wallet to rule them all." This is not only a technical optimization but also the underlying language standard for Ethereum's construction of a "multi-chain universe."
The Clean Flow Experiment of Layer 2
While most L2s are busy issuing tokens and grabbing land, a Layer 2 project named R1 has emerged, focusing on "three no's" — no tokens, no venture capital, no pre-mining, purely driven by community donations.
Protest or ideal? The R1 team bluntly stated: "Most of the current L2s have become 'independent kingdoms', deviating from the original intention of expanding Ethereum."
Technological Utopia: Although the commercial prospects are uncertain, R1 is like an "open-source love letter" reminding the industry that true scalability should not be hijacked by capital. The Pectra upgrade of Ethereum will also enhance L2 efficiency and reduce node weight through technologies like Verkle trees and statelessness.
On-chain voting of traditional giants
When retail investors chase altcoins, giants like BlackRock, Fidelity, and Deutsche Bank have already bet on the RWA (Real World Assets on-chain) track of Ethereum: $1 billion in real estate tokenization: The collaboration between Blocksquare and Vera Capital directly anchors to the Ethereum chain, with institutions focusing on its compliance and stability.
Speed ≠ Everything: Solana may be fast, and Sui may be cheap, but when it comes to legal audits and integration with traditional systems, Ethereum's "long-standing reputation" and mature ecosystem are the top choice for institutions.
Data speaks: The market size of tokenized assets has surpassed 21 billion USD, with a growth rate of 57%, and Ethereum is the biggest winner. Pectra upgrade:
The "Infrastructure Test" on May 7: Pectra Upgrade: Behind the price slump of the "Infrastructure Test" on May 7, Ethereum's "Foundation Project" is accelerating. On May 7, the Pectra upgrade will enter its final sprint, with key upgrades including: Blob Expansion: Further reducing L2 costs and consolidating the "Rollup-centric" approach. Staking Reform: EIP-7251 allows single-node staking of 2048 ETH (originally 32 ETH), attracting large institutions; EIP-7002 allows users to bypass malicious operators and directly withdraw staked assets.
Security and Efficiency: Technologies such as lightweight client verification and historical data cleaning significantly lower the threshold for node operation.
Long-termism gamble: Price vs Value
Yes, Ethereum mainnet revenue is declining, but it is transferring value to L2—layer two trading volume has hit an all-time high. Solana is booming due to meme coins, but Ethereum has positioned itself for the next decade with RWA and cross-chain standards.
Conclusion
Patience during the "paving period": Just like the early days of the internet building fiber optics, Ethereum is focused on "installing wires and fixing interfaces" rather than hyping short-term trends.
The anti-fragility of prices: Despite the crash this year, the Pectra upgrade, the explosion of RWA, and the influx of institutions may make ETH the "dark horse" of the next cycle.
The story of Ethereum has never been a "myth of skyrocketing prices," but rather a marathon of "code infrastructure." While the market cheers for the fireworks of Solana, it chooses to lower its head and build the road. History tells us that what truly changes the world is often the silent power that is obscured by noise.
Long-termism is not a slogan, it is built line by line with code." — A tribute to all Ethereum builders.