WETH adoption is rising agains This is good for Ethereum Why? If we understand exponential returns from network effects aka "Metcalfe's Law", ETH is an easy 100x from here: 1) TPS increase in the next 12 months is 10x. That alone is 10² = 100x. 2) RWAs and stablecoins are primarily using Ethereum for tokenization. According to Tom Lee, banks will want to secure ETH. 3) ETH is more capital efficient than BTC as ETH hodlers receive a yield + burn + loopback from onchain activity in one SoV crypto asset. 4) composability is being unlocked within 6 months. All the capital fragmentation caused by L2s will reverse and will instead be synergistically multiplying the network effects of ETH. 5) in 2027, ETH has options to convert L1 into a zkrollup that will multiply TPS by 100-500x. The network effects will be 100² = 10,000x. And that's why ETH is an easy 100x from here.
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