Ethereum: The underestimated "infrastructure madman" 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 look at its "construction blueprint," you will find that a "fundamental revolution" that will disrupt the crypto world has quietly begun.
Farewell 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 sending tokens 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 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."
Layer2's Clear Stream Experiment
While most L2s are busy issuing tokens and expanding their territory, a Layer2 project named R1 has emerged, focusing on the "three nos" — no tokens, no venture capital, and no pre-mining, relying purely on community donations.
Protest or ideal? The R1 team stated: "Most L2s now 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 lighter.
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 asset on-chain) track of Ethereum: $1 billion in real estate tokenization: The cooperation between Blocksquare and Vera Capital is directly anchored to the Ethereum chain, with institutions focusing on its compliance and stability.
Speed ≠ Everything: Solana is fast, Sui is cheap, but when it comes to legal audits and integration with traditional systems, Ethereum's "established reputation" and mature ecosystem are the top choice for institutions.
Data speaks: The market size of tokenized assets has exceeded $21 billion, with a growth rate of 57%, and Ethereum is the biggest winner. Pectra upgrade:
May 7th's "Infrastructure Exam" Pectra Upgrade: Behind the price slump of the "Infrastructure Exam" on May 7th, Ethereum's "Foundation Project" is accelerating. On May 7th, the Pectra upgrade will enter its final sprint, with key upgrades including: Blob Expansion: Further reducing L2 costs, 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 validation and historical data cleaning significantly lower the threshold for node operation.
The Long-termism Gamble: Price VS Value
Yes, Ethereum mainnet revenue is declining, but it is shifting value to L2 - layer two transaction volume has reached 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
The patience during the "paving period": Just like the early days of the internet building fiber optics, Ethereum is focused on "installing wires and repairing interfaces" rather than speculating on short-term trends.
Price's antifragility: Despite the sharp decline this year, the Pectra upgrade, the explosion of RWA, and the influx of institutions may allow ETH to become the "dark horse" in the next cycle.
The story of Ethereum has never been a "myth of explosive growth" but rather a marathon of "infrastructure building through code." While the market cheers for the fireworks of Solana, it chooses to focus on building the road. History tells us that what truly changes the world is often the silent forces overshadowed by noise.
"Long-termism is not a slogan, it's built line by line through code." — A tribute to all Ethereum builders.