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BlockBeats News, May 27th, Ethereum community member AdrianoFeria stated in a post that the current market is seeing sustained selling pressure on ETH not from Vitalik or the Ethereum Foundation, but from "early investors who have lost faith in the entire crypto narrative, speculators who never truly believed in the industry, and overleveraged bulls who have been forced to de-risk."

He believes that ETH's long-term underperformance compared to other crypto projects and even the AI sector is not solely due to technical failures but a significant disconnect between the core narrative of the crypto industry and reality. "Absolute scarcity, programmability, scalability, DeFi, and even privacy are not the missing piece that will finally unlock adoption in the crypto industry."

AdrianoFeria pointed out that mainstream users and regulatory bodies cannot accept a financial system where "sending funds to the wrong address results in permanent loss, theft is irreversible, and no one takes responsibility in case of issues," hence true mass adoption is yet to be seen.

However, he remains bullish on Ethereum in the long term, stating that ETH is still the "most suitable to serve as the new financial infrastructure" and will eventually receive a monetary premium for it. He mentioned that the current market sentiment and trends are approaching a "capitulation bottom," and the long-term uptrend of ETH still holds, "this has always been a trade spanning decades."