ELLA

Ellaism (ELLA) is assessed as a defunct and effectively abandoned project. Despite its origins as a 'pure' Ethereum fork with fair launch principles (no premine, no developer fees), the project has completely stagnated. Development activity is non-existent, with core repositories untouched since 2019 and a 'bus factor' of zero. The community ecosystem is dead, characterized by dormant social channels and negligible trading volume. While the tokenomics were designed to be decentralized, the lack of a sustainable funding model prevented growth, and the token currently lacks any practical utility or demand. Furthermore, the network is critically insecure; the extremely low hashrate leaves it highly vulnerable to 51% attacks, and there are no recent audits or security patches. With no active team, governance, or competitive market differentiator against Ethereum Classic, ELLA offers no investment value.