Ethereum Underpriced? Fidelity Sees Undervalued Signal

A recent report from Fidelity Digital Assets suggests Ethereum may be undervalued, despite its Q1 dip. Key metrics point to a cautious optimism in the market, with ETH breaking new highs and layer-2 activity surging. 45% down from its peak in January, Q1 saw a significant correction for Ether (ETH), wiping out pre-election gains. Despite this downturn, the report highlights several potential opportunities. Fidelity’s analysis shows that ETH traded at an undervalued price compared to its