The end of traditional "grinding" also means one thing in my eyes:

The era of ETH as a "grinding production tool" may have come to a temporary end.
In the past, everyone hoarded ETH because interactions required gas, and grinding involved on-chain operations; ETH was a means of production.
But now, more and more projects only recognize USDC, USDT, real trading volume, and genuine fund retention.
No one cares whether you have ETH.
What they care about is:
Whether you are trading.
Whether you are losing money.
Whether you are contributing fees and liquidity to the platform.
This is actually quite harsh for ETH.
When on-chain interactions are no longer the main standard for airdrops,
When grinding shifts from "completing tasks" to "刷交易" (刷交易 means "刷交易" in Chinese, which can be translated as "spamming transactions" or "mass trading"),
ETH's attribute as a means of production naturally weakens.
It's not that ETH has no value,
But the era of ETH belonging to ordinary grinding people may really be over.