Back in 2021, it was Ethereum riding the DeFi wave to the moon, with the tech narrative running wild; any coin could 100x.

Fast forward to 2024-2025, and it’s SOL and BNB that are lifting the Meme game, creating wealth like there's no tomorrow. Ironically, Ethereum, which has always been shouting about 'technology changing the world', didn't manage to break new highs in this bull run.

Some might say Ethereum's moat is still intact. But the reality is, while other chains are snatching up trends, riding the emotions, and cashing in on human psychology, it's still there, slowly grinding away at the tech.

Bull markets have never been about rewarding those who cling to ideals; they reward those who can create hype and ignite emotions in the space. Ethereum's tech edge has already been outpaced by the efficiency, cost, and narratives of newer chains.
$ETH