Lekker Capital founder Quinn Thompson calls Ethereum “completely dead” due to declining users, fees, and transaction activity.
ETH price dropped from $4,000 to $1,883.81, leading to a revision in the 2025 forecast from $10,000 to $4,000.
Castle Island Ventures partner Nic Carter blames Layer-2 networks for draining Ethereum’s value and weakening its main chain.
There are mixed perspectives on the future of Ethereum, with some traders seeing a historic buying opportunity while others believe its top-tier status may be ending.