Ethereum: The underestimated "infrastructure powerhouse" 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 will find that a "underlying revolution" that will disrupt the crypto world has quietly begun.
Say goodbye to the "cut network" Stone Age.
Have you ever experienced the tragedy of mistakenly sending ETH to an Arbitrum address? Ethereum developers have finally taken action! Two new standards—ERC-7930 (machine-friendly address) and ERC-7828 (human-friendly address)—will put an end to cross-chain chaos. 0xabc123@eth, 0xabc123@arb: in the future, your wallet address will come with a "chain identifier", making token sending as easy as selecting a domain name when sending an email.
Unified Interface Protocol:
DApps and browsers do not need to manually switch networks, 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 Layer 2
While most L2 projects are busy issuing tokens and grabbing land, a Layer 2 project called R1 has emerged, focusing on "three zeros" - 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 scaling Ethereum."
Technological Utopia: Although the commercial prospects are questionable, R1 is like an "open-source love letter," reminding the industry that true scaling should not be hijacked by capital. The Ethereum Pectra upgrade will also utilize technologies such as Verkle trees and statelessness to make L2 more efficient and nodes lighter.
On-chain voting by 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 in real estate tokenization: The collaboration between Blocksquare and Vera Capital directly anchors to the Ethereum chain, with institutions focusing on its compliance and stability.
Speed ≠ Everything: Solana may be fast, and Sui may be cheap, but when it comes to legal audits and integration with traditional systems, Ethereum's "established reputation" and mature ecosystem are the top choices for institutions.
Data speaks: the market size of tokenized assets has exceeded $21 billion, with an increase of 57%, and Ethereum has emerged as 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, key upgrades include:
Blob Expansion: Further reduce L2 costs, 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 light client verification and historical data cleanup significantly reduce the operational threshold for nodes.
The long-termism gamble: Price vs Value
Yes, Ethereum mainnet revenue is declining, but it is shifting value to L2—layer two transaction volumes have reached an all-time high. Solana is booming due to meme coins, but Ethereum has "positioned" itself for the next decade with RWA and cross-chain standards.
Conclusion
The patience during the "paving period": Just like in the early days of the internet when fiber optics were built, Ethereum is focused on "installing wires and fixing interfaces" rather than speculating on short-term hotspots.
The price's anti-fragility: Despite the crash this year, the Pectra upgrade, RWA explosion, and institutional influx may make ETH the "dark horse" in the next cycle.
The story of Ethereum has never been a "myth of explosive growth," but a marathon of "code infrastructure." While the market cheers for the fireworks of Solana, it chooses to lower 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 of code." — A tribute to all Ethereum builders.