ETH Hangzhou Participant Survey: Ethereum is already a disillusioned middle-aged, with no hope for a new price high in the next three years.

Standing at the end of Q1 2025, there is no doubt that the most frustrated crypto group is none other than the "E Guard". (Synopsis: Vitalik landed in Taipei!) Ethereum Foundation's mission, where to go next? Full answer with EF's new executive director Wang Xiaowei (ETH Taipei direct hit) (Background added: Ethereum hell mode: ETH/BTC exchange rate fell to the lowest level in 5 years, and for the first time could not beat Bitcoin in the halving cycle) On the one hand, the ETH/BTC exchange rate fell to the lowest point in nearly five years since May 2020, which was only 0.02193; On the other hand, it is Ethereum's "soul figure" - Vitalik's recent funny behavior of "learning to bark" against robot dogs is quite puzzling, which in turn has caused dissatisfaction among some people in the Ethereum community. In the "darkest hour of Ethereum" when the price fell below $1800, the "ETH Hangzhou" event is in full swing, and many developers and Ethereum community members are still actively participating in the construction of the Ethereum ecosystem in various ways. Odaily Planet Daily interviewed people at ETH Hangzhou to hear what they think about the development of Ethereum's ecosystem. When the "butt decides the head" has failed: 50% of people hold ETH within 10 coins, 40% hold ETH within 100 ETH At the Demo Day site of ETH Hangzhou, Odaily Planet Daily reporter Wenser conducted a rough small sample questionnaire survey on the participants at the site, with a cumulative sample size of about 10 people, including: Only 1 person has cleared ETH; 50% of people hold 1-10 ETH; 40% hold 10-100 ETH. It is worth mentioning that the @Solomon_NAHHH of liquidated ETH mentioned that he had liquidated ETH a year ago, and now part of his position is on SUI; @0x Benniee, who holds a small amount of ETH, believes that the Ethereum ecosystem is extremely abstract; Among those who hold less than 100 ETH, @ConstantinGao revealed that they hold a large number of ETH short orders. ETH ecological development stage: 70% believe that it has entered middle age In a small sample survey of 10 people, there is some consensus on the issue of Ethereum's ecological development stage. Of these, 20% (2) believe that the Ethereum ecosystem is still young; 70% (7) believe that the Ethereum ecosystem has entered middle age; 10% (1 person) believe that the Ethereum ecosystem has entered the old age. Those who hold the first view mainly consider from the level of technical routes, believing that the Ethereum ecosystem is still in the early stages from the perspective of the implementation of technical routes, and the landing of many technical routes is still in the exploration stage; In contrast, those who believe that the Ethereum ecosystem has entered the old age stage mainly consider the token economy, and believe that from the perspective of the ETH coin issuance time period and the token execution stage, the Ethereum ecosystem has entered a relatively solidified old age stage. Those who believe that the Ethereum ecosystem has entered the middle-aged stage mainly from the perspective of the ecological development stage, Ethereum is currently in a relatively perfect infrastructure construction, except for the DeFi track, other sub-tracks have been falsified to varying degrees; Liquidity and major crypto projects will still see the Ethereum mainnet or EVM environment as the main ecosystem. The possibility of a new ETH price high: There is no hope in 3 years, see you in the next cycle When asked whether "the ETH price can break through the previous all-time high of nearly $4800 and hit a new high in 1-2 years", almost everyone is pessimistic, including the "E guard" who entered the circle to contact ETH in 2019 and the "ETH ecological Buidler" who is engaged in the development of the Ethereum ecological DeFi project. Overall, the timing of the emergence of new highs in the market price of ETH is mainly divided into the following 3 categories: The first category, 2-3 years or possible. Crypto KOLs, Day 1 Global Manager @RubyWang, crypto KOLs, KiteAI CMOs @0x Laughing believe that the new ETH price is mainly due to new asset issuance methods or new asset types that lead the market. The second category, 5 years to start and look again. @Starzq, director of Day 1 Global, believes that it is difficult to reach new highs with ETH alone, and only by relying on BTC's liquidity overflow or marginal innovation in the Ethereum ecosystem can it be hoped to do so. The @Freya of the Zhejiang University Blockchain Association believes that hope may be pinned on community development or technological breakthroughs. The third category, time unknown, mainly depends on application development. @ArtistZhou, @ 33357 xyz, @WONG \ _SSH, @0x PhiloA and others believe that the new high market price of ETH depends on when the L2 of blood-sucking ETH will be killed, the landing of technology roadmaps such as Based Rollup and the mature application after washing NFT players, GameFi players and even DeFi players who took over the previous high. In addition, @Solomon_NAHHH believes that there is also a possibility that the US ETH ETF can achieve full liquidation and selling, and it may be taken over by the eastern powers, which may have a certain possibility of hitting a new high. @ConstantinGao, who holds a large ETH short order, pointed out that the main reason for the current unfavorable ETH price performance is the bankruptcy of narratives such as "digital oil" and "world computer", and now Ethereum has become a block space leasing business, and after events such as L2 expansion, it is not only sucked blood, but also the consumption cost is further reduced, resulting in the value store function of the token is no longer recognized by the market. In this regard, it is very different from BTC, which focuses on the concept of "digital gold", which has accepted its latest positioning after abandoning the payment positioning. In addition, he mentioned that although the price performance of ETH is not optimistic in the short term (2 to 3 years), according to the past development stage of the Internet industry, Ethereum still has great potential for development, driven by mature applications, its token consumption demand may experience a huge growth from the early dial-up Internet stage of the Internet to the short video and live streaming stage, at which time, the price of ETH may be able to gradually reach a new high. Summary: ETH is not irreplaceable, but it is still the main battlefield of encryption Among the young faces, the author saw that there are many young faces active in the event site of the ETH ecosystem. Despite the sluggish price of ETH, the ecology is highly decentralized, and there are still old leeks and latecomers sticking to the Ethereum ecology. As for the price, it can only be left to time to judge. Related Stories V God Grab Head Incense Deposit 1 ETH! 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