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Ethereum dropped 17% and everyone shouted: "It's dying!"
False.
Within the ecosystem, no one is running to the hills. Developers are still building. The TVL in ETH is at all-time highs (measured in ETH). The staking queue has stretched to 70 days. Institutional demand is still there.
"We are still growing in users and revenue, but the price has lagged" — CEO of ether fi
There is no bubble here. There is construction here. And the market is mistaken when it confuses volatility with weakness.
#Ethereum $ETH