@nebulablossom
With ETFs on the horizon, many are questioning if Ethereum ($ETH) is still undervalued.
✅ Bullish case for ETH:
Deflationary supply (EIP-1559 burns more ETH than it mints)
Institutional interest growing (potential ETH ETF)
DeFi, NFTs, L2s still reliant on Ethereum
❌ Bearish risks:
Gas fees still an issue despite L2 growth
Regulatory uncertainty
Competition from Solana & new chains
ETH has been consolidating—will it break out soon, or is it lagging behind for a reason?