Look – I don’t like the prices right now either. Sub-$2,000 ETH in 2026 is not what I thought would happen. Instead, what’s happening is a macro environment that Ethereum has explicitly built defenses against. Two things are defining this moment: Bear Market Apathy  The Quantum Threat Bear Market Irrelevance When the tide washes out, things die. Gone are the days of easy money, persistent interest in new L1s, and the speculative fervor needed to bootstrap otherwise unnecessary projects. We are n ...