OM performed a "plummet in the air" today, falling 90% in a single day, but surprisingly—despite this, its performance this year is still better than ETH. Who would hear this and not want to laugh out loud? $OM can crash like this and still outperform $ETH, truly a fall with spirit, even lying down can roll. On the Ethereum side, it has dropped 59% over the year, with no new narratives, no new highs, and still charging high Gas fees every day, living like a blockchain "tax bureau." More and more Layer 2s are being developed, but the mainchain is becoming more and more like an old congested highway entrance, difficult to upgrade, slow to innovate, and even flash crashes aren't as spectacular as theirs. It seems now that ETH's biggest advantage is just being comparable to the crashing OM. If this continues, the status of the "noble mainstream token" may not be sustainable.
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OM performed a "plummet in the air" today, falling 90% in a single day, but surprisingly—despite this, its performance this year is still better than ETH. Who would hear this and not want to laugh out loud? $OM can crash like this and still outperform $ETH, truly a fall with spirit, even lying down can roll. On the Ethereum side, it has dropped 59% over the year, with no new narratives, no new highs, and still charging high Gas fees every day, living like a blockchain "tax bureau." More and more Layer 2s are being developed, but the mainchain is becoming more and more like an old congested highway entrance, difficult to upgrade, slow to innovate, and even flash crashes aren't as spectacular as theirs. It seems now that ETH's biggest advantage is just being comparable to the crashing OM. If this continues, the status of the "noble mainstream token" may not be sustainable.