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I actually like the ethereum:native setup right now:
> OGs left + most calling it dead chain
> Big sellers gone quiet
> Daily about to break the downtrend line, first real strength in months
> Options market agrees: put/call at 0.61, bullish but nowhere near crowded
> Vol is still underpriced. IV at 47 while ETH realizes 62.
The kicker: biggest expiry on the chain is Dec 2026. Someone is positioning for way more than a bounce.
I think most of DeFi settles on Ethereum network. And this asset is here to stay.