# Ethereum’s Incredible Position

*Author: Bankless*
*Published: Mar 28, 2026*
*Source: https://www.bankless.com/de/ethereums-incredible-position-3*

---

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2026/03/Group-724.png)](https://www.bankless.com/sponsor/rabbithole-1773696872?ref=read/where-crypto-is-rewiring-capital-markets)

  
Ethereum’s Incredible Position

  
  Published on Mar 28, 2026

[
  
  View in Browser

](https://www.bankless.com/ethereum-weekly)
 

**gm Bankless Nation,**
This market is a struggle, but Ethereum was built on resilience. In today's essay, David Hoffman talks about the bright future for Ethereum, thanks to two under-discussed catalysts.

***Join ***[***Bankless Premium***](https://www.bankless.com/join)*** to dive deeper***,
[*luma*](https://x.com/lucasmtny) 🫡

---
[](https://bankless.ghost.io/ghost/#/editor/post/69580059dbc84d000120d568)[](https://www.bankless.com/portal/content/posts/view?id=8502)

[***Sponsor: MegaETH***](https://www.bankless.com/sponsor/rabbithole-1773696872?ref=read/where-crypto-is-rewiring-capital-markets)*** ***— Crypto has new apps, finally. [](https://bankless.ghost.io/ghost/#/editor/post/69580059dbc84d000120d568)[](https://www.bankless.com/portal/content/posts/view?id=8502)[](https://bankless.ghost.io/ghost/#/editor/post/69580059dbc84d000120d568)

[Enter the Rabbithole](https://www.bankless.com/sponsor/rabbithole-1773696872?ref=read/where-crypto-is-rewiring-capital-markets)[](https://www.bankless.com/portal/content/posts/view?id=8502)

[](https://bankless.ghost.io/ghost/#/editor/post/69580059dbc84d000120d568)[](https://www.bankless.com/portal/content/posts/view?id=8502)[](https://bankless.ghost.io/ghost/#/editor/post/69580059dbc84d000120d568)[](https://www.bankless.com/portal/content/posts/view?id=8502)

[](https://bankless.ghost.io/ghost/#/editor/post/69580059dbc84d000120d568)

.  .  .

[](https://www.bankless.com/portal/content/posts/view?id=8502)

[](https://bankless.ghost.io/ghost/#/editor/post/69580059dbc84d000120d568)[](https://www.bankless.com/portal/content/posts/view?id=8502)[](https://bankless.ghost.io/ghost/#/editor/post/69580059dbc84d000120d568)[](https://www.bankless.com/portal/content/posts/view?id=8502)

[](https://bankless.ghost.io/ghost/#/editor/post/69580059dbc84d000120d568)[](https://www.bankless.com/portal/content/posts/view?id=8502)[](https://bankless.ghost.io/ghost/#/editor/post/69580059dbc84d000120d568)[](https://www.bankless.com/portal/content/posts/view?id=8502)[](https://bankless.ghost.io/ghost/#/editor/post/69580059dbc84d000120d568)[](https://www.bankless.com/portal/content/posts/view?id=8502)

[](https://bankless.ghost.io/ghost/#/editor/post/69580059dbc84d000120d568)[](https://www.bankless.com/portal/content/posts/view?id=8502)[](https://bankless.ghost.io/ghost/#/editor/post/69580059dbc84d000120d568)[](https://www.bankless.com/portal/content/posts/view?id=8502)

[](https://www.ready.co/bankless)[](https://www.bankless.com/portal/content/posts/view?id=8502)[](https://bankless.ghost.io/ghost/#/editor/post/69580059dbc84d000120d568)

[](javascript:;)

 
  
    

OPINION

  
  
Ethereum’s Incredible Position

  
  
   
     
     Bankless Author: 
     
       [
       
David Hoffman](https://www.bankless.com/author/david-hoffman)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2026/03/image---2026-03-28T140247.576.png)](https://www.bankless.com/read/ethereums-incredible-position)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.

![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2026/03/u5SUI7r.jpeg)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 no longer in one of those eras, and the industry’s malaise reflects a growing fear that they may be gone for good.

**Things may never be easy again. **

But Ethereum was never... 

[Keep Reading with Bankless Premium](https://www.bankless.com/read/ethereums-incredible-position)
---