$ETH is the "digital oil" of the new era, the underlying fuel driving the global tokenized economy.

The value of $ETH should no longer be simply regarded as a Cryptocurrency or a tech-based asset. Its position is closer to a core element of the digital economy. Like oil in the industrial revolution, $ETH is the "digital raw material" of the tokenized era, playing a key role in transaction settlement, collateral mechanisms, supply control, and institutional trust.

Modern Economic Analogy: Historical Parallels Between $ETH and Oil

Oil in the industrial age not only provided energy but also laid the foundation for the manufacturing industry's infrastructure. As the native asset of Ethereum, $ETH provides operating fuel for DApps, stablecoins, RWAs, and Layer 2 scaling solutions, driving the value flow of the overall on-chain economy. It is burned in transactions (EIP-1559), generating a deflationary effect, and as the main collateral and reserve asset of DeFi, it directly participates in on-chain financial design.

Infrastructure Status: From Network Security to Financial Neutral Layer

Currently, Ethereum hosts 82% of the world's tokenized assets, supporting over $140.00 billion in stablecoins and $10.00 billion in real-world asset tokenization projects. It is clear that this scale advantage is enormous. As a result of network effects, liquidity aggregation, and optimized trust costs, $ETH has become the reserve asset and main trading pair for most protocols, accounting for over 70% of DEX trading pairs, and continues to attract traditional financial giants such as BlackRock and JPMorgan Chase.

Scarcity and Valuation Logic: Monetized Currency Mechanism

The supply dynamics of $ETH are designed to exhibit "organic deflation." Combined with the stable burning of transaction fees from Layer 2 scaling and the long-term holding demand from institutions, this creates a supply and demand tension similar to that of a "digital commodity."

This dynamic corresponds to the dual logic of (scarcity and value preservation) and oil (practical value), which provides theoretical support for its medium- to long-term valuation. Some models predict that the long-term value of $ETH could correspond to a $10 trillion tokenized economy, estimating its ultimate price to be at least $700,000.00 or more, but this is based on the premise that the flywheel really starts running, then the price is unimaginable.