Ethereum’s Post-Merge Investment Thesis

Staking Yields:

4-6% APR (post-Shanghai upgrade) attracts institutional validators, with 25% of ETH now staked—creating structural demand.

Burn Mechanics:

EIP-1559 has destroyed 3.5M ETH ($10B+), offsetting 60% of new issuance, turning ETH into a yielding deflationary asset.

L2 Adoption:

Arbitrum/Optimus cut fees by 90%, boosting dApp usage (L2s now process 4x Ethereum’s mainnet volume).

Verdict: Ethereum’s triple engine—staking yields, deflation, and L2 scaling—makes it a unique blue-chip crypto investment, though competition from Solana/Cosmos persists.