Ethereum: The Undervalued "Infrastructure Freak" Will Eventually Make a Comeback!

As 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'll find that a disruptive "underlying revolution" in the crypto world has quietly begun.
Farewell to the "Cut Network" Stone Age
Have you ever experienced the tragedy of accidentally sending ETH to an Arbitrum address? Ethereum developers have finally stepped in! Two new standards—ERC-7930 (machine-friendly addresses) and ERC-7828 (human-friendly addresses)—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 for an email.
Unified Interface Protocol:
DApps and browsers do not require manual network switching, 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."
Layer2's Clear Stream Experiment
While most L2s are busy issuing tokens and expanding their territories, a Layer 2 project called R1 has emerged, focusing on "three no's" - no tokens, no venture capital, and no pre-mining, purely driven by community donations.
Protest or ideal? The R1 team stated: "Most L2s have now become 'independent kingdoms', deviating from the original intention of scaling Ethereum."
Technological Utopia: Although the commercial prospects are doubtful, R1 is like an "open-source love letter," reminding the industry that true scalability should not be hijacked 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 by 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: 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 top choices for institutions.
Data speaks: The market size of tokenized assets has surpassed $21 billion, with a growth rate of 57%, and Ethereum has emerged as the biggest winner. Pectra upgrade:
The "Infrastructure Exam" on May 7: Behind the price slump of the "Infrastructure Exam" 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 reduce L2 costs and consolidate the "Rollup-centric" approach. Staking Reform: EIP-7251 allows single-node staking of 2048 ETH (originally 32 ETH), attracting major institutions; EIP-7002 enables users to bypass malicious operators and directly withdraw staked assets.
Security and Efficiency: Technologies such as lightweight client verification and historical data cleanup 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 2 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
Patience during the "paving period": Just like the early internet built fiber optics, Ethereum is focused on "installing wires and fixing interfaces," rather than speculating on short-term trends.
The anti-fragility of prices: Despite the sharp decline 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 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. And history tells us: what truly changes the world is often the silent forces obscured by noise.
"Long-termism is not a slogan; it is built line by line of code." - A tribute to all Ethereum Builders.