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Ethereum’s Future in Doubt as Expert Calls It “Completely Dead”

  • 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.

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