BlueInvestor

Fair warning. This post is bullish on Ethereum. Yesterday, the Ethereum Foundation Enterprise team ran the Institutional Ethereum Forum in New York City. Broad Adoption Activated. Invitation only. 100's of Banks, asset managers, and infrastructure providers representing around $250 trillion in assets under management. feedback so far "Absolute banger tbh." "People won't stop talking and networking and the content has all been great." "Your institutional team did an amazing job. I was there. Kudos." BlackRock. Western Union. Robinhood. Moody's. Baillie Gifford. Securitize. All on panels. Not as guests. As participants building on Ethereum. This is what adoption actually looks like. EF also presents its post-quantum security strategy and launches pq.ethereum.org. EF also presented its post-quantum security strategy and launched pq.ethereum.org. This is not just leading blockchain. No major technology platform has a published, open-source post-quantum migration roadmap at this level of detail. Ethereum is doing it before it is required, not after. Proud of the Enterprise team for putting this together. Choose Ethereum.

It still bugs my mind that people so easily flip-flop on narratives simply because they look weak for a moment... Take ultrasound money. This obviously started as a meme to make fun of the "sound money/hard money" narrative that Bitcoiners loved so much. The introduction of EIP-1559 and the move to PoS led to ETH becoming deflationary over longer periods... So what should we call an asset like ETH, that has lower inflation than Bitcoin and even goes as far as being deflationary at times? Tada... "ultrasound" (🦇🔊) money was born. But the main takeaway about it should have been this: Ethereum has a better monetary policy than Bitcoin. This policy is called "Minimum Viable Issuance." This means ETH issuance is based on staker participation and ensures ongoing incentives for securing the network indefinitely. Bitcoin doesn't have this. When all 21M Bitcoins are mined, Bitcoin will need new incentives or its security will both crater and be based on goodwill. The cool thing about Ethereum's monetary policy is that any activity that comes on top of Ethereum simply existing takes away from the inflation rate... and can even make it go deflationary at times. So a high-throughput, high-demand ETH is likely a deflationary ETH. With a roadmap to scale Ethereum ~200–500x, at least a sustainably super low inflation ETH will eventually become a reality in the future. It's not an if, it's a when. And what is easily dismissed by critics is this: through the worst of all times for Ethereum L1 activity, with everything moving towards L2s, ETH still has had lower inflation than Bitcoin. If BTC is sound money, ETH is ultrasound money. That's why my 🦇🔊 stays on.

ETH moving up on the news that no one in the world trusts each other anymore and we need a new transparent global settlement layer in Ethereum which no one has to trust

If you go to a TradFi person and say "here we have a blockchain with censorship and reversibility built-in for emergencies. We built it for you, because you wear a really nice suit, and we want to build interweb financial systems, so we cater to your needs, bailouts and all" then the first thought he'll have is: "Oh that's great, if I ever make a mistake on your blockchain, I can call someone and have it reversed" Then he'll go home and think some more. The second thought he'll have is: "Wait a minute. This design also means that if I book a highly profitable trade, my counterparty could call someone and have it reversed, screwing me." And then he'll bring this up with his smart colleague who knows the history of TradFi and she'll add: "If they have censorship and it succeeds eventually they'll weaponize access and threaten to kick us out unless we pay through the nose. That's the history of all TradFi" And then our man we'll realize he'd rather have a chain that is never reversible and can't censor, because it's easier to make sure that you never make a mistake than it is to make sure nobody else ever screws you or censors you.

I disagree. TradFi already has controlled and censored and reversible systems. The issuers and users who want those feature can stay there. Being as predictable (and ruthless) as gravity is the only unique value prop of real crypto. Without it, there’s no point. Use a database.

Today, the Foundation’s Board released the EF Mandate. This document, which was first intended for EF members, reaffirms the promise of Ethereum, and the role of EF within this ecosystem.

Here is a summary of what's happening: 1. Trump has made a series of fck ups that has decrease global confidence in the dollar and US debt. MAGA will justify saying it's all on purpose with because Trump is playing 4D chess (he's not). 2. As a result of his fck ups, we are also on the cusp of a recession, and the only thing that may be of some help in the short term is cheaper oil (great timing with Venezuela, just a coincidence I'm sure) and more money printing. 3. Gold and silver surged in response. 4. Many large banks had short positions against gold and silver, but a little whoopsie daisy shenanigans, aka market manipulation, can help by triggering a liquidity crisis forcing a flash crash to allow banks to close their shorts (and maybe completely pivot and go long). 5. BTC and ETH and the rest of crypto are still just a sideshow. They got caught in the liquidity crisis by investors being forced to liquidate assets to cover positions and then overall bearish market sentiment. 6. BTC has a few skeletons in the closet and some major cracks on its sustainability and value prop narrative. I'm not sure what happens to BTC from here, but ETH will get over this and the recovery should be rather quick. 7. No crypto proponent with a mic on MSM will talk poorly about BTC because they have history with it, they have promoted it to their clients, they have exposure, their peers have exposure, and they would rather exit and/or pivot to ETH quietly with as much liquidity they can get. TLDR; Ethereum is still the future of finance. Buy ETH

I think a lot of crypto pessimism is coming from OGs realizing there is a huge paradigm shift in this space. Bitcoin is not the future. It failed as digital gold, it failed as a global payments platform. Where are the use cases? 🤷‍♂️ Bitcoin's era is ending. The ticker is ETH.

A few years ago I wrote a guest article in Bankless on how Bitcoin is a toxic industry leader. The thinking was not so much around quantum or security budget- although security budget was top of mind then- but rather that BTC stands for nothing besides fiat collapse and has no use. Bitcoin's "bad deal" created an inherently unstable long term investment thesis for BTC, or so we argued many times over the years. These chickens may be coming home to roost now as the public is actively negotiating a potential re-rating of Bitcoin in the context of broader market changes, including geopolitical instability (BTC is not actually a safe haven), metals volatility, and BTC posting disappointing 4-year cycle results (less than 2x, whereas previous 4y cycle was 3.5x). The overall problem is that the religion of Bitcoin taking the oxygen out of the narrative interface with the public (they've nothing to actually build and primarily focus on marketing and coalition building), plus scams generally pissing off the public from getting involved and doing their own research, plus Bitcoiners habitually and loudly taking credit for eth's onchain growth, has left the investment public largely ignorant of what's actually going on with Ethereum hypergrowing as a global public institution and economic hub. Within Ethereum, many of our people and orgs are now doing a transformatively bigger and better job in educating the public about modern ethereum vs a year ago. That's great. We're firing on all cylinders. But Bitcoin (and our own legacy strategy and culture, now fixed) has created an enormous gap to close. That'll naturally take time. We'll look back enviously on these low prices, as we already do on the old down periods of 2017, 2020, 2022, Q1 2025, etc. When you buy ETH, you're buying an asset that is under-marketed and under-studied, and currently being dragged down by a confidence crisis in Bitcoin. ETH to multi trillion in due course Believe in somETHing

TradFi firms moving like this and you're bearish Pull yourself together

In these five years, the Ethereum Foundation is entering a period of mild austerity, in order to be able to simultaneously meet two goals: 1. Deliver on an aggressive roadmap that ensures Ethereum's status as a performant and scalable world computer that does not compromise on robustness, sustainability and decentralization. 2. Ensures the Ethereum Foundation's own ability to sustain into the long term, and protect Ethereum's core mission and goals, including both the core blockchain layer as well as users' ability to access and use the chain with self-sovereignty, security and privacy. To this end, my own share of the austerity is that I am personally taking on responsibilities that might in another time have been "special projects" of the EF. Specifically, we are seeking the existence of an open-source, secure and verifiable full stack of software and hardware that can protect both our personal lives and our public environments ( see vitalik.eth.limo/general/2025/0… ). This includes applications such as finance, communication and governance, blockchains, operating systems, secure hardware, biotech (including both personal and public health), and more. If you have seen the Vensa announcement (seeking to make open silicon a commercially viable reality at least for security-critical applications), the ucritter.com including recent versions with built in ZK + FHE + differential-privacy features, the air quality work, my donations to encrypted messaging apps, my own enthusiasm and use for privacy-preserving, walkaway-test-friendly and local-first software (including operating systems), then you know the general spirit of what I am planning to support. For this reason I have just withdrawn 16,384 ETH, which will be deployed toward these goals over the next few years. I am also exploring secure decentralized staking options that will allow even more capital from staking rewards to be put toward these goals in the long term. Ethereum itself is an indispensable part of the "full-stack openness and verifiability" vision. The Ethereum Foundation will continue with a steadfast focus on developing Ethereum, with that goal in mind. "Ethereum everywhere" is nice, but the primary priority is "Ethereum for people who need it". Not corposlop, but self-sovereignty, and the baseline infrastructure that enables cooperation without domination. In a world where many people's default mindset is that we need to race to become a big strong bully, because otherwise the existing big strong bullies will eat you first, this is the needed alternative. It will involve much more than technology to succeed, but the technical layer is something which is in our control to make happen. The tools to ensure your, and your community's, autonomy and safety, as a basic right that belongs to everyone. Open not in a bullshit "open means everyone has the right to buy it from us and use our API for $200/month" way, but actually open, and secure and verifiable so that you know that your technology is working for you.

look, you might not like it but the fastest way back to crypto prosperity is to embrace Ethereum and ETH and stop fudding the hell out of it. give up on 99% of the stuff in the space and focus on what matters there are an absolute boatload of narratives for Ethereum all stacked up which align with the current environment from stablecoins, to other RWAs, to global settlement layer, to AI economic layer too bad so much of CT hates it when it’s the one network and asset and ecosystem which could save us and is undoubtedly the future of crypto

[ ZOOMER ] ETHEREUM FOUNDATION AND VITALIK TO BRING BACK "THE DAO", WITH A $220M SECURITY AND AUDITING FUND: UNCHAINED

Today marks an inflection in the Ethereum Foundation's long-term quantum strategy. We've formed a new Post Quantum (PQ) team, led by the brilliant Thomas Coratger (@tcoratger). Joining him is Emile, one of the world-class talents behind leanVM. leanVM is the cryptographic cornerstone of our entire post-quantum strategy. After years of quiet R&D, EF management has officially declared PQ security a top strategic priority. Our journey began in 2019, with the "Eth3.0 Quantum Security" presentation at StarkWare Sessions. Since 2024, PQ has been central to the @leanEthereum vision. The pace of PQ engineering breakthroughs since then has been nothing short of phenomenal. It's now 2026, timelines are accelerating. Time to go full PQ: → PQ ACD: Antonio Sanso (@asanso) kicks off a bi-weekly All Core Devs PQ transactions breakout call next month. These sessions focus on user-facing security, covering dedicated precompiles, account abstraction, and longer-term transaction signature aggregation with leanVM. → PQ foundations: Today we are announcing a $1M Poseidon Prize to harden the Poseidon hash function. We are betting big on hash-based cryptography to enjoy the strongest and leanest cryptographic foundations. Check out our other $1M PQ initiative, the Proximity Prize. → PQ devnets: Multi-client PQ consensus devnets are live! Shoutout to pioneers @zeamETH, @ReamLabs, @PierTwo_com, @geanclient, @ethlambda_lean, as well as established consensus teams Lighthouse, Grandine, and soon Prysm. This incredible teamwork is coordinated by @corcoranwill via weekly PQ interop calls. → PQ workshops: Building on last year's PQ workshop in Cambridge (see photo), the EF is hosting another 3-day PQ event in October. Top experts from around the world will convene. In addition, a PQ day is set for March 29 in Cannes just ahead of EthCC. → PQ FV and AI: Last week Alex Hicks (@alexanderlhicks) ran a specialised maths AI for 8 hours, at a $200 cost. It one-shotted a formal proof one of the hardest lemmas in the foundations of hash-based snarks. Mind-blowing. Applied cryptography will never be the same. → PQ roadmap: A comprehensive breakdown of the EF's proposed PQ strategy will be shared soon™ on pq[.]ethereum[.]org. The roadmap targets a full transition in coming years with zero loss of funds and zero downtime. Stay tuned :) → PQ education: The ZKPodcast (@zeroknowledgefm) is producing a 6-part video series on Ethereum's PQ strategy. EF Enterprise Acceleration is also preparing material for enterprises and nation-states. Finally, Ethereum is now represented on the PQ advisory board that Coinbase announced yesterday. Believe in something. Believe in PQ security.

Larry Fink, CEO of BlackRock, is calling for the usage of a single common blockchain to tokenize and secure all assets. There's only one real choice. The ticker is $ETH.

New Enterprise Onchain TLDR just dropped. → Stablecoin highs on Revolut → NYSE seeks SEC approval for 24/7 tokenized stock trading → State Street launches full digital asset platform ($44T in custody) → Standard Chartered calls for $40k ETH by 2030 → LSEG goes live with blockchain settlement → Senate bill bars passive stablecoin yield Mixed signals. Big moves.

2026 is the year that we take back lost ground in terms of self-sovereignty and trustlessness. Some of what this practically means: Full nodes: thanks to ZK-EVM and BAL, it will once again become easier to locally run a node and verify the Ethereum chain on your own computer. Helios: actually verify the data you're receiving from RPCs instead of blindly trusting it. ORAM, PIR: ask for data from RPCs without revealing which data you're asking, so you can access dapps without your access patterns being sold off to dozens of third parties all around the world. Social recovery wallets and timelocks: wallets that don't make you lose all your money if you misplace your seedphrase, or if an online or offline attacker extracts your seedphrase, and *also* don't make all your money backdoored by Google. Privacy UX: make private payments from your wallet, with the same user experience as making public payments. Privacy censorship resistance: private payments with the ERC-4337 mempool, and soon native AA + FOCIL, without relying on the public broadcaster ecosystem. Application UIs: use more dapps from an onchain UI with IPFS, without relying on trusted servers that would lock you our of practical recovery of your assets if they went offline, and would give you a hijacked UI that steals your funds if they get hacked for even a millisecond. In many of these areas, over the last ten years we have seen serious backsliding in Ethereum. Nodes went from easy to run to hard to run. Dapps went from static pages to complicated behemoths that leak all your data to a dozen servers. Wallets went from routing everything through the RPC, which could be any node of your choice including on your own computer, to leaking your data to a dozen servers of their choice. Block building became more centralized, putting Ethereum transaction inclusion guarantees under the whims of a very small number of builders. In 2026, no longer. Every compromise of values that Ethereum has made up to this point - every moment where you might have been thinking, is it really worth diluting ourselves so much in the name of mainstream adoption - we are making that compromise no longer. It will be a long road. We will not get everything we want in the next Kohaku release, or the next hard fork, or the hard fork after that. But it will make Ethereum into an ecosystem that deserves not only its current place in the universe, but a much greater one. In the world computer, there is no centralized overlord. There is no single point of failure. There is only love. Milady.

I've been a FOCIL champion for a very long time now and strongly believe that it should be a headliner in Hegota (the Ethereum network upgrading coming after Glamsterdam). Censorship-resistant is the *entire* point of blockchains - let's harden this on Ethereum!

Not a lawyer or legal expert, but hearing that somebody may be trying to kill L2s in the clarity act via an ambiguity that may cause L2s to be treated as decentralized for developer protections, but centralized for BSA compliance, allowing regulators to apply AML obligations to L2 sequencers, despite no custody or control of user funds. L2s are the best vehicle for institutions to go onchain. They inherit security and economic connectivity from broader Ethereum, while retaining the control and customization opportunities institutions and governments need. Keep L2s legal.