This is where Ethereum gets my interest as well. The value in anything comes from a combination of scarcity AND liquidity (being able to sell it to people willing to buy it).
It seems to me that with ETH set to be the backbone behind the entire crypto-ecosystem (especially with news like Visa), it will have guaranteed liquidity built into it due to that system.
With any other cryptocurrency, the value seems to only exist from constantly trying to convince people to buy more of it, like a global pump and dump scheme. Bitcoin has such a high price because of brand recognition in that regard.
But branding is the only thing really powering it long term.
It seems to me that with ETH set to be the backbone behind the entire crypto-ecosystem (especially with news like Visa), it will have guaranteed liquidity built into it due to that system.
With any other cryptocurrency, the value seems to only exist from constantly trying to convince people to buy more of it, like a global pump and dump scheme. Bitcoin has such a high price because of brand recognition in that regard.
But branding is the only thing really powering it long term.