ACTIVE CAPTIAL

Concentration builds wealth. Diversification protects it

I still believe in a stable, decentralized, ETH-backed world currency.

$ETH is still the cleanest long term bet in crypto imo. Not because it has the loudest narrative right now… it clearly doesn’t. Because almost every serious onchain market eventually wants Ethereum security, Ethereum liquidity, or Ethereum settlement. stablecoins RWAs L2s DeFi restaking tokenized funds institutional rails all of it keeps bending back toward ETH in some way. People get distracted because the trade has felt boring. But boring is kind of the point. Ethereum is becoming the settlement layer for internet finance while everyone argues about faster chains and better casinos. If crypto actually goes from speculation to real capital markets, I do not want to fade the asset sitting under the most important economic zone onchain. $ETH is not dead. It is just mispriced infrastructure.

VITALIK BUTERIN OUTLINES NEW ETHEREUM $ETH PRIVACY UPGRADES AIMED AT MAKING PRIVATE TRANSACTIONS A NATIVE FEATURE OF THE NETWORK INCLUDES ACCOUNT ABSTRACTION, FOCIL, KEYED NONCES, AND KOHAKU-BASED ACCESS LAYER TOOLS

@matthughes13 I’m sure there entry is completely safe

🚀 Why are traders rotating from $ETH into $ZEC and $HYPE right now? Heres a thread for the fundamentalists out there👇

Everyone keeps debating which blockchain will dominate crypto. Meanwhile, $ETH is quietly becoming the foundation of the global financial system. BlackRock. JPMorgan. Franklin Templeton. HSBC. SWIFT. Deutsche Bank. The world’s biggest asset managers, banks, payment networks, and even central banks are already building on Ethereum-based infrastructure. This is no longer just about retail speculation or meme cycles. It’s about tokenized assets, on-chain settlement, programmable finance, and the modernization of capital markets. And whether institutions use Ethereum mainnet, Layer 2s, or private Ethereum-compatible systems, the gravitational center still points back to Ethereum. The standards, liquidity, developers, tooling, and infrastructure are all concentrated there. That’s why @ethereum feels less like a single crypto network every year… and more like the base layer for an emerging digital financial system.

Robert Chang is turning Ethereum into a quantum resistant proof of useful stake for AI inference and you're bearish?

@reisnertobias Rekt

Short opened at $42 will be liquidated at $69.

@TheValueTrade Oh wow it might go back to the same price 5 years ago

$ETH $4900 this year. 2026... Easy money to be made.

@ryanberckmans So much winning 😂 🤡

Not sure if this may clear things up or muddy it further - I just know we are winning and it's time to get fully back to building and remember that our patience will be rewarded: imo it's a common misconception that the EF and/or Vitalik don't care about the price of ETH. They do care, very much, because they want Ethereum to be globally ubiquitous for a thousand years, and they know that this audacious goal requires lots of resources and economic security which can only come from a terrific ETH valuation. The reason the EF has often over the years appeared not to care about the price of ETH is two-fold: One, the EF is overall insanely confident in Ethereum and in ETH. As they should be. They've earned it and earn it every day. So when we are bearish or scared about the spot price, it's just effectively noise from their perspective of strong conviction and focus. Two, the EF cares about price in long term structural ways that are incomprehensible to many of us. We want to know why Didn't Number Go Up in Q4 Or Yesterday. Whereas they want to know, "How will Ethereum remain dominant after quantum computers?" and, "How will Ethereum be the world's economic hub for trillions in assets and thousands of L2s across a hundred countries?" These are inherently bullish questions. And their programs/answers in response are gigabullish. The EF departures are not because the people departing feel differently about Ethereum and our trajectory vs. the people staying at EF or vs. community folks like me. The EF departures are because - Even benevolent special smart wonderful people naturally have internal politics and differences of opinion over substrategies, policies, etc. Vitalik and his leadership team feel the EF should be run in a certain way. Some folks disagreed. Some tiny number were asked to leave for Reasons. Some few others left immediately due to Reasonable Net Feelings. Some more are leaving because the Wheel is Turning and they feel that while we all love Ethereum and are extremely excited for our roadmap and proud of past wins, the time for new blood is here. New blood means genzeth and also young up and comers who are ready to take the reins of their teams and departments. What's important is that the EF's determination is as strong as ever and its strategy and focus are better than ever before. Credible neutrality. Decentralization. 100% Uptime. Postquantum. Privacy. Scaling L1+L2. Unifying/improving UX for L1+L2. The EF is on it. What's also important is that the EF is now complemented and balanced by a growing cohort of deeply invested elite eth orgs across the stack/verticals/technologies/go-to-markets, including top L2s like Base, Arb, and zkSync, DATs like BMNR and SBET, and enterprise groups like Etherealize and Consensys, and too many more orgs and kinds of orgs to list here. We will miss the great EFers leaving this season. The EF is not only going to be fine, they are going to be amazing. Let the wheel turn. We're ready. This bear market- secularly in crypto and in terms of global issues- is unfortunate, but that's the industry. ETH will hit multi trillion in due course. Strap in, be patient. Help out. Get involved. I've been here for 8 years now full-time and it's never more felt like I'm just getting started. Ethereum.

@nero_eth All these updates need to start hearing more value accrual to the asset itself. When do we flip the switch on L2s and raise the rent?

@ActiveCapitall You should have read it.

Ethereum is about to fundamentally change how blocks are executed. With the upcoming Glamsterdam hardfork, it's shipping EIP-7928: Block-level Access Lists, a proposal that brings parallelization to the EVM. Here's a short explainer of what it is, how it works, and why it's a big deal for scaling. Let's start from the top. Alongside EIP-7732 (ePBS), EIP-7928 is the execution-layer (EL) headliner for Glamsterdam. Like ePBS, the main focus has been scaling Ethereum, though both proposals come with a bunch of other, equally important properties on the side e.g. removing trust requirements from the PBS pipeline or improving sync. EIP-7928 adds a Block Access List (BAL) to every Ethereum block. A BAL is a list of accounts and storage slots that the block touches, but that's not all: it also contains post-transaction state diffs (this part is critical!). Post-transaction state diffs tell you what the state looks like after each transaction. Quick example: user A swaps 1 ETH for DAI on DEX B. The BAL tells you that user A's ETH balance decreased by 1 ETH + tx fees and their nonce went up by 1; that DEX B's ETH balance went up by 1 ETH; and that inside the DAI contract, user A's DAI balance increased while DEX B's decreased. In other words, all of that info becomes statically available, something that previously required tracing the transaction. Client software (Geth, Nethermind, Besu, Erigon, Reth, Ethrex, Nimbus) can use this to do a few very powerful things: 1. Parallelize transaction execution. Knowing the post-state of each tx resolves the dependencies between them. No transaction has to wait on the previous one anymore, so execution can be perfectly parallelized. Instead of large parts of block validation sitting idle waiting on sequential execution, clients can finally make much better use of modern hardware. 2. Batch prefetch. One of the most cumbersome jobs for a node has been fetching the state needed for execution from disk. Because state locations (e.g. the exact storage slot in the DAI contract where user A's balance lives) are only discovered along the way, while executing, state-fetching has been a real drag on scaling: it blocks execution, takes time, and eventually slows everything down. With BALs, everything a node needs for execution is known upfront and can be loaded into cache in one go, in parallel. This speeds things up even further. 3. Parallelize post-state root calculation. Another expensive task is walking the updated state tree to compute the post-state root, which is needed so that everyone agrees on what's on disk after executing the block. With the post-tx state already in the BAL, nodes can do this in parallel while executing. A heavy task that used to wait until all transactions had finished can now run alongside prefetching and execution. 4. Snap sync (v2). An often overlooked, less sexy aspect of blockchains is syncing. Nodes need to catch up with the chain, and they need to catch up faster than the chain progresses. Today, most nodes do snap sync: downloading blocks, headers, and state in parallel while chasing the tip, and then "healing" the database once they're close to the head. Healing means asking peers for trie nodes, receiving them, validating them, and updating the local DB. It's iterative, networking-heavy, can take a while, and especially higher throughput pushes that phase to its limits. BALs help here too: with snap v2, nodes can catch up to the tip and skip the healing phase entirely. Syncing at higher throughput becomes more robust and reliable. So, to summarize, a BAL contains two things: -> The state locations the block accesses -> The state changes after each tx (incl. the new values) We're already seeing big performance gains today: on 6-core machines, EL clients validate blocks up to 5x faster, making block gas limits of 300M a very realistic outcome. ePBS will add to that by decoupling the block from the payload, giving validators 2-4x more time for execution. To not overshoot (security stays priority #1), the fork will likely ship with a 200M gas limit, but we shouldn't be stuck there for long before pushing to 300M and beyond. That's a 10x in scaling since we started taking the topic seriously, without touching hardware requirements. None of this would have happened without people going all-in, heads down, shipping: so many hours spent in calls debating the right design, so many iterations refining the specs, and tons of test cases written (and still being worked on). The road from whiteboard to production-ready code has been a journey, and we're not at the finish line yet, but from what I can tell, things look super bullish for Ethereum. Glamsterdam will be a fork that shows what's possible when a distributed, decentralized community works on a shared goal, laser-focused on providing enough block space to onboard the next wave of users.

@nero_eth I’m jk - long term ETH holder just growing very impatient

@TaikiMaeda2 No ETH?

The markets are on easy mode. You just have to bid BTC, HYPE, and ZEC. And wait. Enjoy life. Touch grass. We make money by having the balls to believe while others are scared. Truth is, better days are still ahead of us. The bears are wrong. We are going so much higher.

@LayahHeilpern 😂

Tom Lee says the crypto bear market is over. Every time Wall Street calls the bottom, I get more confident it isn’t in. Bitcoin still can’t hold 80k. Bottom is not in.

@VitalikButerin Hyperloquid

Short-term things being done to shift Ethereum toward native privacy: * AA + FOCIL (makes privacy protocol txs, among many other things, first-class with strong inclusion guarantees) * Keyed nonces: x.com/soispoke/statu… * Access-layer work (Kohaku, private reads...)

@5_0Trading Hyper liquid

This is litecoin:native againt $ETH aka "piece of shit" as you said

1% a day is the appropriate goal for day trading

@ec265 Hyper liquid

> Be an ETH bear > FUD the existence of the EF and it's selling of ETH > But also FUD the downsizing of the EF and reduction in selling of ETH > ???? > FUD ETH again for good measure > Profit

@MitchMartan98 Hyper liquid

Who’s genuinely bearish $ETH / $BMNR at these levels? Would love to see why in the comments because it just doesn’t make sense imo.

@Bobby_1111888 Hyper liquid wins

In my opinion, Ethereum currently resembles a massive coiled spring undergoing prolonged accumulation rather than a market signaling a completed speculative cycle. The longer this consolidation phase persists while liquid supply continues tightening beneath the surface, the greater the probability that the eventual expansion phase unfolds aggressively. Markets often move the furthest after periods of maximum compression, and in my opinion, that is precisely the type of structure Ethereum is building right now.