Ethereum: The underestimated "infrastructure powerhouse" will ultimately make a comeback!

As the market is dominated by Bitcoin's "digital gold" and the meme frenzy of Solana, Ethereum is like a low-key engineer, quietly "building bridges and paving roads" in the world of code. Its price may be temporarily sluggish, but if you look at its "construction blueprint," you'll find that a "foundational revolution" that will disrupt the crypto world has quietly begun.
Goodbye to the "Cut Network" Stone Age
Have you ever experienced the tragedy of sending ETH to an Arbitrum address by mistake? Ethereum developers have finally made a move! Two new standards – ERC-7930 (machine-friendly addresses) and ERC-7828 (human-friendly addresses) – will put an end to cross-chain chaos. 0xabc123@eth. 0xabc123@arb: In the future, your wallet address will have its own "chain logo", and sending coins is as simple as sending an email to choose a domain name
Unified Interface Protocol:
DApps and browsers do not require manual network switching, truly achieving "one wallet to rule them all." This is not only a technical optimization but also the underlying language standard for Ethereum's construction of a "multi-chain universe."
The Clear Stream Experiment of Layer2
While most L2s are busy issuing tokens and expanding their territories, a Layer 2 project named R1 has emerged, focusing on "three noes"—no tokens, no venture capital, no pre-mining, purely driven by community donations.
Protest or ideal? The R1 team stated: "Most of the current L2s have become 'independent kingdoms', deviating from the original intention of expanding Ethereum.
Technology Utopia: Although the business prospect is doubtful, R1 is like an "open source love letter", reminding the industry that real expansion should not be held hostage by capital. Ethereum's Pectra upgrade will also make L2 more efficient and nodes lighter through technologies such as Verkle tree and statelessness.
On-chain voting of traditional giants
While retail investors are chasing altcoins, giants such as BlackRock, Fidelity, and Deutsche Bank have bet on Ethereum's RWA (real-world asset-on-chain) track: $1 billion real estate tokenization: Blocksquare's partnership with Vera Capital is directly anchored to the Ethereum chain, and institutions are interested in its compliance and stability. 
Speed ≠ Everything: Although Solana is fast and Sui is cheap, when it comes to legal audits and integration with traditional systems, Ethereum's "long-standing reputation" and mature ecosystem are the top choices for institutions.
Data speaks: The market size of tokenized assets has exceeded $21 billion, with a growth rate of 57%, and Ethereum has become the biggest winner. Pectra upgrade:
Pectra upgrade on May 7: Behind the low price of the "infrastructure test" on May 7, Ethereum's "foundation engineering" is accelerating. On May 7th, the Pectra upgrade will enter its final sprint, with key upgrades including: Blob Scaling: Further reducing L2 costs and consolidating the "Rollup-centric" route. Staking reform: EIP-7251 allows a single node to pledge 2048 ETH (originally 32 ETH), attracting large institutions to enter the market; EIP-7002 allows users to bypass malicious operators and directly withdraw pledged assets. 
Security and Efficiency: Technologies such as light client verification and historical data cleanup significantly lower the operational threshold for nodes.
The long-termism gamble: Price VS Value
Yes, the revenue from the Ethereum mainnet is declining, but it is transferring value to L2 – the layer two transaction volume has reached a historical high. Solana is booming due to meme coins, but Ethereum has "positioned" itself for the next decade with RWA and cross-chain standards.
Conclusion
Patience during the "paving period": Just like the early days of the internet when fiber optics were being laid, Ethereum is focused on "installing wires and repairing interfaces," rather than speculating on short-term trends.
Price's antifragility: Despite the crash this year, the Pectra upgrade, RWA explosion, and institutional influx may make ETH the "dark horse" of the next cycle.
The story of Ethereum has never been a "myth of skyrocketing prices"; rather, it is a marathon of "code infrastructure." While the market cheers for the fireworks of Solana, it chooses to focus on building the road. History tells us that what truly changes the world is often the silent forces obscured by noise.
"Long-termism is not a slogan, it is built line by line with code." - A tribute to all Ethereum builders.