ETH has passed every major update flawlessly. Gas is now below 1 gwei, thanks to a recent 30% block size increase with zero issues. Pectra is on the horizon to massively improve UX, and Rabby keeps the EVM safe and fun. Liquidity is robust, protocols are mature and profitable, and the on-chain economy remains largely on ETH mainnet. L2s do their job (though they underpay for blob inclusion and deserve a higher tax), and inflation is low and sustainable. Every major whale and institution, up to the POTUS, has been, or soon will be, onboarded into the EVM ecosystem. A Staked ETH ETF is a sexy product for them. Plus, the foundation has made significant internal changes, and @Etherealize_io is emerging as a second, more business-focused entity led by true chads, set to supercharge adoption. This is the Wei.