Ether（ETH）失去了投資吸引力，因為第2層擴展解決方案從主要網絡中漏了價值

Crypto Venture資本家說，Ether的Ethusd的吸引力降低了，因為投資來自主要網絡的第2層的排水價值，並且缺乏社區對過度代幣創造的推動力。

Crypto venture capitalist Nic Carter says Ether's ETHUSD declining appeal as an investment is due to layer-2's draining value from the main network and a lack of community pushback on excessive token creation.

Crypto Venture資本家Nic Carter表示，Ether的Ethusd降低了吸引力，因為投資是由於主要網絡的排水價值以及缺乏過度代幣創建的社區推動力所致。

"The #1 cause of this is greedy Eth L2s siphoning value from the L1 and the social consensus that excess token creation was A-OK," Carter said of the #1 cause of this is greedy Eth L2s siphoning value from the L1 and the social consensus that excess token creation was A-OK.

卡特在談到貪婪的代幣創造是A-OK的社會共識中的貪婪的L2S虹吸價值是貪婪的Eth L2S虹吸價值。 ”

"ETH was buried in an avalanche of its own tokens. Died by its own hand," he said of the #1 cause of this is greedy Eth L2s siphoning value from the L1 and the social consensus that excess token creation was A-OK.

他說：“ ETH被埋葬在其自己的代幣中。死於自己的手。”他說，這是貪婪的L2貪婪的siphoning價值，而社會共識是，過多的代幣創建是A-OK。

This was in response to Lekker Capital founder Quinn Thompson's claim that Ether is "completely dead" as an investment.

這是對萊克·資本（Lekker Capital）創始人奎因·湯普森（Quinn Thompson）的說法，即以太幣是一項投資。

"A $225B market cap network that is seeing declines in transaction activity, user growth and fees/revenues. There is no investment case here. As a network with utility? Yes. As an investment? Absolutely not," Thompson said.

湯普森說：“一個$ 225B的市值網絡看到交易活動，用戶增長和收入的下降。這裡沒有投資案例。作為具有實用性的網絡？是的。是的。作為一項投資？絕對不是。”

The ETH/BTC ratio — which shows Ether's relative strength compared to Bitcoin BTCUSD — is sitting at 0.02260, its lowest level in nearly five years, according to TradingView data.

根據TradingView的數據，ETH/BTC比率（表明與比特幣BTCUSD相比，Ether的相對強度）的相對強度為0.02260，其水平近五年內最低。

At the time of publication, Ether is trading at $1,894, down 5.34% over the past seven days, according to CoinMarketCap data.

根據CoinMarketCap數據，在出版時，Ether的交易價格為1,894美元，在過去的7天中下跌了5.34％。

Meanwhile, Cointelegraph Magazine reported in September 2024 that fee revenue for Ethereum had "collapsed" by 99% over the previous six months as "extractive L2s" absorbed all the users, transactions and fee revenue while contributing nothing to the base layer.

同時，Cointelegraph雜誌在2024年9月報導說，以太坊的費用收入在過去六個月中“崩潰”了99％，因為“提取L2S”吸收了所有用戶，交易和費用收入，而對基礎層沒有任何貢獻。

Around the same time, Cinneamhain Ventures partner Adam Cochran said Based Rollups could solve the issue of Ethereum's layer-2 networks pulling liquidity and revenue from the blockchain's base layer.

大約在同一時間，Cinneamhain Ventures合作夥伴Adam Cochran表示，基於的匯總可以解決以太坊的第2層網絡的問題，從而從區塊鏈的基礎層中汲取了流動性和收入。

Cochran said Based Rollups could "directly impact the monetization of Ethereum by making a pretty fundamental change to incentive structures."

科克倫說，基於匯總可以“通過對激勵結構做出相當根本的更改來直接影響以太坊的貨幣化”。

Despite optimism toward the end of last year about Ether reaching $10,000 in 2025 — especially after reaching $4,000 in December, the same month Bitcoin touched $100,000 for the first time — it has since seen a sharp decline alongside the broader crypto market downturn.

儘管在去年年底上很樂觀，大約在2025年以太幣達到10,000美元，尤其是在12月達到4,000美元之後，同一月份，比特幣首次觸及了100,000美元，但此後與更廣泛的加密貨幣市場下降幅度急劇下降。

Standard Chartered added to the bearish outlook via a March 17 client letter, which revised down their end of 2025 ETH price estimate from $10,000 to $4,000, a 60% reduction.

標準包機通過3月17日的客戶信件加入了看跌前景，該信件將其2025年ETH價格估算的修訂從10,000美元降至4,000美元，減少了60％。

However, several crypto traders, including pseudonymous traders Doctor Profit and Merlijn The Trader, are "insanely bullish" and argue that Ether could be the "best opportunity in the market."

但是，包括偽商人的幾位加密貨幣交易員是“瘋狂看漲”，並認為以太可能是“市場上最好的機會”。