Ethereum’s standing as the second-largest crypto gives it both stability and expectations. Its major protocol upgrades over the past months have reinvigorated the narrative that Ethereum remains the backbone of DeFi. Many analysts now see ETH as a reliable base, a core holding, even as speculative capital rotates elsewhere.
That said, ETH is not immune to corrections or hype cycles. When sentiment turns, money often flows into smaller, faster projects with promise of outsized returns. But Ethereum still attracts large capital from institutional investors, offering a “safer bet” in turbulent markets. Some price models point to ETH breaking to $5,000 or higher in the next leg.
In short: Ethereum is a bedrock for many portfolios, offering exposure to decentralized finance, layer-2 networks, and the evolving smart-contract economy. It may not be the rocket ship anymore but it’s far from obsolete.