If Ethereum is a utility platform and the value of its coin rises, how can it continue to be used as a utility when its used as a store of value?
Most people that buy Ethereum aren't using it, they're trading.
I think so because you also know Ethereum itself has a good growth and can transact quickly and not too expensive it so many people who trust Ethereum as a valuable and safe deposit coin, and in addition, Ethereum also called with Altcoin is best after Bitcoin