Ethereum’s Resilience: Is a ‘Generational Bottom’ Possible?

After 16 days of price drops, Ethereum (ETH) has reclaimed above $1,700, defying the bearish market trend and investor uncertainty. Some traders view this rebound as a potential for a long-term bullish run driven by DeFi expansion and institutional investments, but is this ‘generational’ bottom truly justified? While some believe it to be the case, historical data suggests otherwise. 2025 saw Ethereum lagging behind competitors like Solana (SOL) and Tron (TRX), despite its dominance in Total Value Locked (TVL). This raises questions about whether a move away from proof-of-work mining truly disadvantaged Ethereum.