According to ChainCatcher, citing a CoinDesk report, Etherealize co-founder Vivek Raman said Ethereum is entering an important transition period. In his view, the network is moving from a phase centered on infrastructure construction toward one focused on large-scale application. Raman said on-chain infrastructure has largely been completed, shifting the discussion beyond base-layer development and toward how that infrastructure can support broader usage.
ETH as a Network Security Asset
Raman also said the market has not fully priced the long-term value of ETH as a network security asset. His comments frame ETH within Ethereum’s network security structure rather than only through the lens of short-term price movement. The report did not provide a specific valuation model or timetable, and the core point was his assessment of a gap between Ethereum’s development stage and the market’s recognition of ETH’s longer-term role.
The remarks were attributed to Vivek Raman, co-founder of Etherealize, and were reported by CoinDesk before being relayed by ChainCatcher. The main information centers on two points: Ethereum’s on-chain infrastructure is described as largely mature, and ETH’s role as a network security asset has not yet been fully reflected by the market.