#以太坊行情解读 Ethereum is as stable as a rock, while meme coins are dancing wildly – the crypto market will completely split into two worlds by 2025.

It's interesting to say that this year the crypto market has directly split into two forces. On one side is Ethereum operating steadily, making money through a solid ecosystem; on the other side is the meme coin frenzy, rewriting wealth stories with outrageous gains. A comparison of the data shows a shocking difference.

Let’s first talk about Ethereum. Don’t listen to some people who claim it’s not going to rise—its annual fee income has surpassed $4 billion, an increase of 45% month-on-month. Although the locked funds have seemingly slid from 70 billion to 68.8 billion, this is not a decline but an improvement in efficiency—leveraging greater returns with less capital. The most critical point is that Layer 2 has siphoned off 70% of the on-chain traffic, with transaction costs as low as $0.01. Top protocols like Aave and Lido firmly occupy over 50% of the ecosystem share. Staking yields are stable at an annualized rate of 4%-7%, and this stable expectation has made institutional investors restless, prompting them to increase their allocations.

What about meme coins? They have directly entered the money printing mode. At one point, someone casually mentioned a number, and someone else jumped in with a cost of $3000, only to see it soar to $2 million a few hours later—a more than 600-fold increase. The trading volume of meme coins on the Solana chain surged by 36%, with just three mainstream DEXs collecting $309 million in fees, a figure that completely dwarfs Ethereum's $46 million during the same period. Even more astonishing is that a certain compliant platform has clearly determined that most meme coins do not fall under the category of securities. With regulatory restrictions easing, new coins on the Binance Smart Chain have already become common occurrences, soaring by 2000% in just one day.

The situation is very clear: on one side is Ethereum relying on the robust operation of Layer 2, AI ecosystem, and DeFi matrix, becoming the standard configuration for institutions; on the other side, meme coins soar based on community heat and market sentiment, with the myth of retail investors making a comeback being played out every day.

What is your choice? Is it to comfortably earn stable returns by staking Ethereum, or to gamble on a meme coin for a chance to change your fate? Those who have actually participated, please share your stories in the comments.