Is the media manipulating Ethereum? Look at the hard data! – Bitcoin.pl

Key takeaways:

  • Ether continues to get cheaper.
  • Experts indicate that the network’s foundations are very strong, which suggests that this is potentially a good time for a long-term investment.

Even though the price of ether is falling, the fundamentals are still strengthening. So is this a good time to invest in ETH?

Experts talk about Ethereum

Recently, there has been a narrative in the media and social media suggesting that Ethereum is weakening, even “dying”. David Hoffman, co-founder of Bankless and a fan of Ethereum for many years, sold his ETH, emphasizing, however, that the network itself works great, but this does not affect the value of ether.

And this is where we come to the point. Joseph Chalom, CEO of Starlink, believes that today investors listen too much to the information noise and pay too little attention to the fundamentals. Ethereum enjoys the trust of the market (including Wall Street companies), ether boasts enormous liquidity, and the network itself guarantees security. Little? Over 50% of stablecoins run on this blockchain, as do 70% of tokenized assets.

Ethereum is also the default choice for high-value DeFi projects. And most importantly: today the network has no serious competition.

Investor and author of books on economics Raol Paul sees the matter similarly. If someone turned off Ethereum today (which is obviously impossible), we would see how much economic value would be destroyed. These are Layer 2, DeFi, RWA, NFT, stablecoin, AI agent projects. This alone makes ETH undervalued, because today it is global infrastructure, even new markets.

The price is not rising, but something is happening in the background

So we have the phenomenon of strong foundations combined with a low price. And “smart money” investors can slowly take advantage of it. Ethereum whales with at least 100,000 ETH recently accumulated 17.41 million ETH. All while the ether price is falling.

Currently, 1 ETH costs just over USD 2,010, which translates into a 2.5% decline over 7 days and a 10% decline for a month. The price has hardly changed over the course of a day.

According to Standard Chartered, the current price level does not reflect Ethereum’s rapidly improving fundamentals, which led the company to compare ETH to Amazon after the dot-com crash. Let us recall that after the above-mentioned burst of the dot-com bubble, the price of Jeff Bezos’ company dropped below USD 1. Currently, one share costs USD 270.

Remember that you can buy ether and other cryptocurrencies on the Kanga exchange.

Ether continues to lose value, but the foundations of the Ethereum network remain very strong. Experts emphasize that the market may currently react too strongly to negative information noise, ignoring the real value of the technology and its applications.

The network dominates in key areas such as DeFi, stablecoins and asset tokenization, and is highly trusted by financial institutions. Additionally, the lack of serious competition and the growing use of the network suggest that its importance in the global economy is growing.

Despite the falling price of ETH, large investors (so-called “smart money”) are increasing their resources, which may indicate that Ether is undervalued. Some analysts compare Ethereum’s current situation to Amazon’s after the burst of the dot-com bubble: strong foundations at a low valuation.

Application: ETH price declines do not necessarily reflect its real value, which may mean a potential investment opportunity for long-term investors.