The three most significant and valuable changes to Ethereum in the past year are, in no particular order
- EF strategy revamp (as a consequence of the leadership change) to focus on everything that's important (ie. from EF stance, L1 scaling, L2 scaling, UX/interop, and a healthy level of support for app layer growth) and nothing that's unimportant.
- Our narrative and growth engines for eth and ETH are now being as carefully managed and as ambitiously executed on by as world-class people (Joe, Joe, Tom, Vivek, Danny, et al) as our tech roadmap has been for many years.
- It turned out that Gensler and Warren's war against ethereum "surprised to the upside" because America's pivot to fair and favorable crypto regulation has resulted in a Cambrian explosion of pent-up growth to exceed the wildest dreams of even the most hardened eth maxis.
None of this is remotely priced in.
E.g. the ETHBTC retrace so far this season has merely taken us from "eth is dead" back up to a historical baseline of "eth got hands". The real growth is ahead of us.
In the coming quarters and years, we'll see the market gradually - and sometimes violently - begin to accept eth's true high level of dominance.
$ETH
