I believe because most 'Investors' in the space that have just arrived from Wall Street or Sherwood Forest are buying and selling nominal Ethereum on the Exchanges without ever performing an onchain action. Ethereum is utterly broken and 2.0 may never come.
Do you think this is a fair appraisal?
Very unfair in my opinion because I have never seen Ethereum as a broken coin and still has a greater value compared to other Altcoins and also the volume is still very large so that Ethereum can still stay in a good position, so not because of transaction fees which is expensive, you say Ethereum is broken, this is not fair.