Ethereum: The Underrated "Infrastructure Maniac" Will Eventually 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 "underlying revolution" that will disrupt the crypto world has quietly begun.
Farewell 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 need to manually switch networks, truly realizing "one wallet walks the world". 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 acquiring land, a Layer 2 project called R1 has emerged, focusing on the "three noes" - no tokens, no venture capital, and no pre-mining, purely driven by community donations.
Protest or ideal? The R1 team bluntly stated: "Most current L2s have become 'independent kingdoms', straying from the original intention of scaling Ethereum."
Technological Utopia: Although the commercial prospects are questionable, R1 is like an "open-source love letter," reminding the industry that true scalability should not be held hostage by capital. The Ethereum Pectra upgrade will also utilize technologies like Verkle trees and statelessness to make L2 more efficient and nodes lighter.
On-chain voting of traditional giants
When retail investors chase altcoins, giants like BlackRock, Fidelity, and Deutsche Bank have already bet on the RWA (real-world assets on-chain) track of Ethereum: 1 billion USD in real estate tokenization: The collaboration between Blocksquare and Vera Capital is directly anchored on the Ethereum chain, with institutions valuing 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 "established reputation" and mature ecosystem are the top choice for institutions.
Data speaks: The tokenized asset market size has exceeded $21 billion, with a growth rate of 57%, and Ethereum is the biggest winner. Pectra upgrade:
May 7th's "Infrastructure Exam" Pectra Upgrade: Behind the price slump of May 7th's "Infrastructure Exam," Ethereum's "Foundation Project" is accelerating. On May 7th, the Pectra upgrade will enter its final sprint, with key upgrades including: Blob Expansion: Further reducing L2 costs and solidifying the "Rollup-centric" approach. Staking Reform: EIP-7251 allows single-node staking of 2048 ETH (originally 32 ETH), attracting large institutions; EIP-7002 allows users to bypass malicious operators and directly withdraw staked assets.
Security and Efficiency: Technologies such as lightweight client verification and historical data cleaning significantly lower the operational threshold for nodes.
The long-termism gamble: Price VS Value
Yes, Ethereum's mainnet revenue is declining, but it is transferring value to L2—layer 2 trading volume has reached an all-time high. Solana is popular because of 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 building fiber optics, Ethereum is focused on "installing wires and fixing interfaces" rather than speculating on short-term hotspots.
The anti-fragility of prices: Despite the crash this year, the Pectra upgrade, the explosion of RWA, and the influx of institutions may allow ETH to become the "dark horse" of the next cycle.
The story of Ethereum has never been a "myth of explosive growth," but rather a marathon of "code infrastructure." While the market cheers for the fireworks of Solana, it chooses to bow its head and build the road. History tells us that what truly changes the world is often the silent forces that are overshadowed by noise.
"Long-termism is not a slogan, it is built line by line with code." - A tribute to all Ethereum builders.