Ethereum: The underestimated "infrastructure madman" 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 open its "construction blueprint," you will find that a disruptive "underlying revolution" in the crypto world has quietly begun.
Farewell 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 confusion. 0xabc123@eth, 0xabc123@arb: in the future, your wallet address will come with a "chain identifier," making token transfers as simple as selecting a domain name when sending an email.
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 claiming territory, a Layer 2 project named R1 has emerged, focusing on the "three noes"—no tokens, no venture capital, no pre-mining, purely driven by community donations.
Protest or ideal? The R1 team stated: "Most L2s now 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 scalability should not be held hostage by capital. The Pectra upgrade of Ethereum will also utilize technologies such as 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 in real estate tokenization: The cooperation between Blocksquare and Vera Capital directly anchors to the Ethereum chain, with institutions focusing on 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 preferred choice for institutions.
Data speaks: The market size of tokenized assets has exceeded $21 billion, with a growth rate of 57%. Ethereum is the biggest winner. Pectra upgrade:
The "Infrastructure Exam" on May 7: Behind the price slump of the "Infrastructure Exam" on May 7, Ethereum's "Foundation Project" is accelerating. On May 7, the Pectra upgrade will enter its final sprint, with key upgrades including: Blob expansion: Further reducing L2 costs and consolidating the "Rollup-focused" 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 staking assets.
Security and Efficiency: Technologies such as light client verification and historical data cleanup significantly lower the threshold for node operation.
The Long-termism Gamble: Price VS Value
Yes, Ethereum mainnet revenue is declining, but it is shifting value to L2 - layer 2 trading volume has 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
Patience during the "paving period": just like the early days of the internet building fiber optics, Ethereum is about "installing wires and fixing interfaces" rather than speculating on short-term hot topics.
The price's anti-fragility: Despite the crash this year, the Pectra upgrade, the explosion of RWA, and the influx of institutions may make ETH 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 lower its head and build the road. History tells us that what truly changes the world is often the silent power overshadowed by noise.
"Long-termism is not a slogan, it is built line by line of code." — A tribute to all Ethereum builders.