PANews reported on March 29 that according to Cointelegraph, the ETH/BTC exchange rate has hit its lowest level in nearly five years, and some investors even call ETH a "completely dead" investment. Nic Carter, partner of Castle Island Ventures, believes that "ETH died in its own hands" because L2 was too greedy, resulting in a decline in Ethereum transaction activity, user growth, and fees/revenue. Ethereum can be seen as a practical network, "but definitely not an investment."