Long term trend line being revisited this week... Haven't seen that for eth in a while Is this the psychological low or is eth destined for obscurity diluted out by other layer one chains... From the stats I've seen from eths l2chains the eth economy is well and truly active with scaling nearing completion Solana is the nearest competitor by use but the chain has decentralization issues and therefore has shut down multiple times in the last few years for periods.. Ethereums security lies in being able to access the network at all times.. something no competitor has managed at scale as of yet
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