2026-01-12 17:40:29

Gold's been on a tear—hitting 4600 while Ethereum's been stuck at roughly the same levels since 2020. Wild contrast, right? You'd think one of the biggest cryptocurrencies would've gained more ground over a five-year span, especially given all the development and adoption narratives in the space. Instead, it's traditional precious metals stealing the show. Makes you wonder what's really driving value in these markets.

ETH1.68%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
7
Repost
Share

Comment

0/400

RatioHunter

· 23h ago

Gold prices are soaring, while Ethereum is stagnating. How can the gap be so huge?

View OriginalReply0

LiquiditySurfer

· 01-14 07:48

Gold has reached 4600, while Ethereum remains stagnant. This is the resilience of traditional finance versus the narrative of blockchain. --- Five years have passed. No matter how advanced the technology is, it still can't beat real gold and silver. What does that say... Is liquidity depth fake? --- Ironically, we've been talking about adoption, but the price hasn't moved. Instead, precious metals are feeding capital. This surfing point is a bit frustrating. --- Ethereum has been stuck here for so long, indicating that on-chain activity hasn't created real demand. Just having developers without capital efficiency is useless. No matter how many DeFi stories there are, they are all pointless. --- So, at the end of the day, it's all about LP yield games. Gold provides stable returns, while Ethereum's permissionless finance is just market-making with a skeleton framework. It's hilarious. --- This comparison is too painful. It feels like I've wasted these five years surfing for nothing. --- How to interpret the Martini indicator? Traditional finance has won so thoroughly.

View OriginalReply0

UncleLiquidation