Originally posted on 04/12/2021:
most obvious pros :
- top environment for defi , network effect
most obvious cons :
- very high fees and limited scalability
I think ethereum performance is greatly based on how well they will handle scalability and lower fees . for sure they will announce 2nd layer implementation in this bull run and I highly doubt changes will be instantly . most likely those changes will affect using ether in future ( like next bull run ). ether price will be based on how well people will react to those news .
just my opinion . i stay strong with ~15% ethereum in portfolio. no idea about ether price level
at this point we are observing BSC hype with projects there surging because of super low fees . majority of small to medium investors moved there for defi