Following #Bitcoin

For the first time in human history, anyone can transact or send value to anyone else, anywhere in the world, almost instantly, and almost for free. This technology has changed the world we live in, and it is just getting started. #bitcoin

@ETH_Daily I thought that was @Etherealize_io

Don’t expect the Ethereum Foundation to pump ETH’s price. They just aren’t economically aligned with $ETH anymore. The EF holds only a tiny fraction of the total ETH supply and gets almost zero direct revenue from staking or transaction fees. Their focus is on technical excellence and staying credibly neutral — not on making ETH more valuable in the market. Hoping they’ll suddenly turn into aggressive marketers or business strategists is unrealistic. That’s just not who they are. That said, @ethereum as a whole would be a lot stronger with a dedicated organization whose success is directly tied to ETH’s success. Dankrad Feist made a compelling argument for this recently. He believes we need a new, well-funded group with real skin in the game — at least $1 billion in capital, steady revenue from a share of staking rewards, and clear accountability to drive ETH’s value, adoption, and market position. In my view, this new organization wouldn’t replace the EF. It would complement it by handling the business development, narrative building, partnerships, and growth initiatives that the Foundation was never built for. The EF is doing its job. The ecosystem is still shipping. But if ETH is going to win long-term, it needs active, economically aligned champions pushing for it.

@JarjarWatt99 @tokenterminal It is a troll

@tokenterminal Is this an ironic post? Eth is leading every category and, unlike alt L1s, it doesn't subsidize any of it.

Ethereum is losing the race among L1s.

@blknoiz06 @palis Tokenization real world assets

@palis what drives eth redemption arc? megaeth?

I distinctly remember last bear market multiple viral tweets talking about “how do we get Bankless to sell their ETH”/“ETH will never pump again until Bankless sells” It took another whole cycle of underperformance but it finally happened. I never expected it could. God works in mysterious ways

@BitcoinJesusETH Bear market pain

Wow

@R89Capital For a mature asset it has an insane compound annual growth rate

BTC has been a disappointment to everyone in the last few years that's just a fact

@matthughes13 I agree it’s basically back to fair market value. It’ll still compound 25 to 30% per year from here. The days of exponential growth might be over, but it’ll still continue to grow.

Do people realize $ETH was literally below $100 in 2020? The reason why people are bearish on $ETH now is because they were bullish on $ETH at 4000 and they thought it was a scam at $100 in 2020 and missed a 20x. Everything is all about perspective so its time to use your own brains. Does this look like a bearish chart on the macro level?

@Justin_Bons @LeaT_Design To be fair, they are scaling speed and capacity. It won’t be as fast as Solana, but it’ll be orders of magnitude faster.

@LeaT_Design Exactly! A lot of people are also being misled about this latest pivot, as they are promising L1 scalability now What they are not saying is that they are scaling capacity & not speed! This is a disastrous consequence of their ZKEVM roadmap, a trade-off that makes ZERO sense!

Ethereum is the biggest loser in crypto: Wasting four years on a failed "L2 scaling" roadmap, thereby losing its lead to SOL & HYPE ETH is now pivoting to another bad roadmap that ignores the need for speed! Not as smart as they think they are, as they keep getting it wrong!

@milman2025 @matthughes13 They pushed it to Q3. I think this is one of the things people are talking about lack of a sense of urgency.

@matthughes13 I feel like Glamsterdam release next month is going to be the catalyst

Key Drivers That Could Make $ETH to $10k Happen: -Institutional adoption — Spot ETH ETFs, corporate/ pension inflows, tokenized assets. -Network upgrades — Scaling (L2s, sharding), restaking (e.g., EigenLayer), DeFi/TVL growth, stablecoin dominance. -Macro/liquidity — Rate cuts & quantitative easing -Narrative — Ethereum as "digital oil" or settlement layer.

@post_polar_ @hosseeb Good

@hosseeb Is that good or bad?

Ethereum is the Microsoft of crypto.

@RyanSAdams @fundstrat @BitMNR @Consensys

I strongly agree with this. And right now I think the best positioned candidate is @fundstrat and @BitMNR.

@DefiIgnas If it gets to thousands or 10,000 transactions per second, do you think that will increase the burning again?

$ETH went from a consensus hold to a contrarian bet in 2-3 years. Some of this was market driven, some was self-inflicted: 1) The EF pushed the L2 scaling roadmap after failing to scale the L1. It doesn't matter whether that came from lack of motivation, skills, or available tech and research at the time. Now the EF is scaling the L1, but even with gas limit increases, Ethereum will never be faster or cheaper than most competitors. And that's okay, because maximizing decentralization and censorship resistance requires tradeoffs. The problem is that market participants are giving it lower valuation multiple than in the past. And it's dead annoying though that full ERC-20 deposits to CEXs still take ~13 minutes (no 1-slot confirmation) and that approve + action still requires two txs across DeFi, despite years of 'account abstraction' upgrades. Watching EF members leave one by one isn't helping the sentiment either. 2) Ethereum can be slower and pricier than other chains, but the market now wants revenue to back valuations. $HYPE is generating 2x-3x the fees of Ethereum despite trading at ~5% of its market cap. Even more humiliating is $TRX, up 5x while ETH is down 40% over 5 years. Ethereans mocked TRX as a copy/paste vaporware scam, but Tron dominates retail stablecoin payments... The sector EF pushed for years and failed to capture, because Ethereum was simply too expensive and slow for adoption. Ouch. I believe Ethereum had it good with the ultrasound money narrative. Quickly deflating supply is the sexiest narrative that even BTC bulls would love. But it needs a massive pick up in txs numbers to generate the fees that burn ETH. And Glamsterdam just cut fees by ~78% (gas limit will go from 60M to 200M per block), which means transactions need to pump by 4.6x just to keep the burn flat. If onchain activity doesn't pick up to compensate, Ethereum's revenue drops further. Sure, Ethereum still dominates TVL but the ratio dropped from 96% in Jan 2021 to 52% today. And even with that, TVL monetization mostly flows to protocols and stablecoin issuers, not the L1. L2s aren't taxes either. ---- So what's the bullish case for Ethereum here? EF has partly got the message. The cypherpunk manifesto is personally very appealing to me, with its mission to promote privacy, self-sovereignty, and independence in an increasingly unstable world. I hope that recent departures from the EF is simply a realignment period. Pivoting to L1 scaling is the also right move, but UX needs to drastically improve, especially as more corpo-slop chains and institutions enter the market. EF is taking the quantum threat seriously, unlike the mixed reaction from Bitcoin core devs. But that all takes time, and if the market's demand for revenue doesn't subside, Ethereum simply needs to bring more users and transactions to the chain. The real ultrasound money narrative, while being the most decentralized chain, would do the trick. But we're far from ETH being deflationary again.

@hudsonjameson What direction is the EF going?

I dislike the direction the EF is going, but that doesn't mean I think Ethereum is dying or that it won't be pivotal to society. EF != Ethereum

@AvgJoesCrypto He sold during the 2022 bear as well and broke down after FTX. This could be different, but it is a bit concerning all the EF people leaving.

Did Bankless guys actually sell their ETH or are they just trolling?

@sweatystartup Energy is unlimited, you just have to harness it

It’s all way more expensive than you realize. Energy is finite. It’s all crumbling down soon. I’d love to short these stocks.

@laurashin Bear market pain

Wait, do I own more ETH than David Hoffman?! 😱 What timeline are we in now?

@udiWertheimer They ETH pilled me, crazy to see capitulation

dunking on bankless is always fun but the truth is that these two were pretty much the only ones hyping crypto up during the despair of the 2018-2020 winter. not sure anyone would’ve stuck around if not for their energy CT could use another power couple like that right now

@udiWertheimer Seriously, it almost feels like kicking them while they are down right now. I hold ETH too and it is painful sometimes..

@TrustlessState This is crazy, now watch it pump.

Has there been a huge vibe shift in CT over the last 2 weeks, or was that just me selling the last of my ETH

@TMIYChao I think it is a troll

I love that Justin basically went full circle since the first time I saw him

@nic_carter This is misleading. Northern VA is one of the highest data center areas in the country and it has had huge pricing increases. Also Maryland DC are right there too, which explains that this chart shows the Virginia is dropping.

Biggest real price hikes since 2019: CA, RI, DC, CT, ME, NY, MD, MA. All blue. All low data-center exposure. Falling real prices: mostly red, many with heavy data centers. AI isn't (yet) the villain. Policymakers complaining about AI might be.

"AI is hiking your energy bill" is the most popular political talking point of 2026. The data doesn't support it. A thread: