- Entry
- $1,887.30
- Final
- $4,012.98 +112.6%
- Target
- —
- Score
- +1.00
[Ethereum](https://www.coingecko.com/en/coins/ethereum) seems weirdly quiet considering everything happening under the hood. * L2 adoption is exploding (Base, Arbitrum, Optimism, etc.), and Ethereum still anchors them all. * Dencun upgrade went live, lowering transaction costs across rollups. * ETH supply is deflationary post-Merge, and staking participation keeps climbing. * TVL and developer activity still lead the entire space, even during quiet market phases. * [ETH](https://www.coingecko.com/en/coins/ethereum) ETFs are on the horizon, possibly bringing institutional capital like we’ve seen with BTC. Would love to …
— ORIGINAL POST ·
ETH feels like the most undervalued blue chip in crypto right now—quietly doing everything right while the market chases memes.
· r/altcoin
· May 11, 2025