I have always been bullish on Ethereum, but recently its scaling problems have become a big open secret to the world.
But we shouldn’t forget that its goal is also very ambitions ‘to be the world’s computer’ and that’s why it is quite OK to expect such glitches in between.
Another thing to note with Ethereum is that the world is building on it and it has the most prominent developer’s pool in the world.
Plus it is a pioneer in the realm of decentralized applications and smart contracts which is a massive factor in itself.
However, I am not ignorant of the fact that it is very much behind in its schedule and is facing severe scaling as well as governance problems, but I think it will bounce back smoothly
Right now the prices have taken a rock bottom, and it is looking quite attractive for a long-term portfolio.