@leon-waidmann
$ETH looks structurally mispriced.
Across 12 independent valuation models on ethval.com, composite fair value sits around 4,900 dollars per ETH, roughly 60 percent above spot.
TVL multiple, DCF (staking), validator economics and Metcalfe all cluster well above current price, signaling ETH is still priced like a side asset instead of core infrastructure.👇