$ETH Ethereum’s recent market has been volatile, with bullish and bearish narratives interweaving on the news front. With spot ETFs coming into effect and the PoS mechanism being further deepened, its ecosystem is accelerating its expansion into areas such as decentralized social. Founder Vitalik has even called for building a “sovereign network” and rejecting algorithmic manipulation. Setting aside short-term speculation, the long-term value of its underlying technology is still worth ongoing attention.