Ethereum: The underestimated "infrastructure monster" will eventually 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 open its "construction blueprint," you will find that a "fundamental 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 chaos. 0xabc123@eth, 0xabc123@arb: In the future, your wallet address will come with a "chain identifier," making token transfers as simple as selecting a domain name when sending an email.
Unified Interface Protocol:
DApps and browsers do not need to manually switch networks, truly realizing "one wallet travels the world". This is not only a technical optimization but also the underlying language standard for Ethereum's construction of a "multi-chain universe".
The Clean Stream Experiment of Layer 2
While most L2s are busy issuing tokens and staking claims, a Layer 2 project called R1 has emerged, emphasizing "three noes" – no tokens, no venture capital, no pre-mining, driven purely by community donations.
Protest or Ideal? The R1 team stated: "Most of the current L2s have become 'independent kingdoms', deviating from the original intention of scaling Ethereum."
Technological Utopia: Although the commercial prospects are questionable, R1 is like an "open-source love letter," reminding the industry that true scalability should not be held hostage by capital. The Ethereum Pectra upgrade will also utilize technologies such as Verkle trees and statelessness to make L2 more efficient and nodes more lightweight.
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 partnership between Blocksquare and Vera Capital directly anchors to the Ethereum chain, with institutions valuing its compliance and stability.
Speed ≠ Everything: Although Solana is fast and Sui is cheap, when it comes to legal audits and integration with traditional systems, Ethereum's "established reputation" and mature ecosystem are the first choice for institutions.
Data speaks: The market size of tokenized assets has exceeded $21 billion, with a growth rate of 57%, and Ethereum has emerged as the biggest winner. Pectra upgrade:
Pectra upgrade on May 7: Behind the low price of the "infrastructure test" on May 7, Ethereum's "foundation engineering" is accelerating. On May 7th, the Pectra upgrade will enter its final sprint, with key upgrades including: Blob Scaling: Further reducing L2 costs and consolidating the "Rollup-centric" route. Staking reform: EIP-7251 allows a single node to pledge 2048 ETH (originally 32 ETH), attracting large institutions to enter the market; EIP-7002 allows users to bypass malicious operators and directly withdraw pledged assets. 
Security and Efficiency: Technologies such as lightweight client verification and historical data cleanup significantly lower the operational threshold for nodes.
The long-termism gamble: Price vs Value
Yes, Ethereum's mainnet revenue is declining, but it is transferring value to L2 - Layer 2 transaction volume has reached an all-time high. Solana is booming due to meme coins, but Ethereum is positioning itself for the next decade with RWA and cross-chain standards.
Conclusion
The patience during the "paving period": Just like in the early days of the internet when fiber optics were being built, Ethereum is focused on "installing wires and fixing interfaces" rather than speculating on short-term trends.
The price's anti-fragility: Despite the crash this year, the Pectra upgrade, RWA explosion, and institutional influx may make ETH the "dark horse" of the next cycle.
The story of Ethereum has never been a "myth of explosive growth," 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 are often those silent forces overshadowed by noise.
Long-termism is not a slogan, it's a pile of lines. - Tribute to all Ethereum Builders.