I think ETH is mostly "group think" / "herd mentality" at this point. It's not necessarly worth anything, the technology is frankly trash... It was first to market, antiquated by now. Most people (and defi projects) are on Polygon, Solana, Fantom, Avax or more scalable chains. Just my $0.02.

@TL Spending $200 just to swap coins on uniswap using Ethereum is pain. Actually, I'm impressed at this point that Eth price keeps going up.