There is alot of excitement in the ETH community about layer2 and general adoption as well as the coming switch from proof of work to proof of stake. It is generally believed that the western establishment will disrupt BTC adoption going forward and not ETH adoption due to the way ETH has evolved. ETH doesent try to educate people about money and decentralization, it rather influences them with gimmicks and perceived money for nothing. This approach is preferable to the powers that be. It also doesn't hurt that its Proof of Stake and "energy efficient" and that it can be used with fiat stablecoins. All in all it can be a good hedge against Bitcoin.