ETHEUR
Ethereum / Euro
crypto Composite

I have a fair amount of ETH dating back to late 2017 with a basis of about $600 per. Certainly not a whale. More like a baby porpoise. I’ve never understood why it goes up or why it goes down. I’ve set sell limits for myself and, when met, got greedy and held. I agree there’s no evidence that I’ve seen which relates price to usage. If that’s the case, why is it worth anything?

Shameless repost from that thread.
If a lower staking yield is necessary to help ETH appreciate in value, I’m all for it. A lot of people are already arguing that Ethereum is overpaying for security anyway.
The interesting question is: how many people would still stake if the yield were reduced enough to bring ETH inflation down to around 0.4%, putting it roughly in line with Bitcoin after its next halving?
I actually think that could be a smart strategic chess move. It would take away one of the easiest talking points from BTC maxis and other Ethereum critics, who will absolutely jump on ETH inflation if it becomes materially higher than Bitcoin’s.
In the meantime, I’m happy to enjoy the higher staking yield. And if ETH’s price starts appreciating meaningfully, a lower yield certainly wouldn’t discourage me from staking.
But there is a tradeoff. If ETH continues to deliver the kind of brutal price volatility and mediocre long-term performance we’ve seen from 2021–2026, then cutting staking yields substantially would be a pretty bitter pill for ETH investors to swallow.
>*UPDATE;📊📈 Ethereum, Solana Could Turn Scarcer Than Gold By 2031:*

*Here's the Math to Prove It*

*Both Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) are considering tokenomics changes that would make them scarcer than gold by 2031, according to a new Grayscale research note.*

*What Would the Proposed Tokenomics Changes Actually Do?*
*Grayscale Head of Research Zach Pandl wrote that both networks are considering code changes that would cut annual token inflation significantly.*

*If implemented, ETH and Bitcoin (CRYPTO: BTC) would both sit at roughly 0.4% annual inflation by the end of 2031, while SOL would land at around 1.1%.*

*Both figures sit below gold’s 1.8% annual supply growth and well below U.S. CPI inflation at 3.3%.*

*The mechanism is straightforward. Both networks currently issue new tokens as staking rewards.*

*Reducing that issuance means fewer tokens enter circulation each year, and lower supply growth pushes scarcity higher, all else being equal.*

I think you're forgetting that a lot of companies are doing this already through RWA tokenisation + liquidity companies that back them up like Steakhouse, Sentora, RockawayX, etc.
Most of which is done on the SOL and ETH chain because there is absolutely no use case for XRP when it has been done a 1000x successfully.

Swapped everything for BTC and ETH a while back.

To those pointing the finger at revenues, that’s only a fraction of how ETH is to be valued.  
Doesn’t the Internet allow all companies using it to create more value for them than it captures for itself? Yet, the Internet is worth trillions. 
Same for Ethereum. An infrastructure doesn’t optimize to capture all the value to itself. 

that’s exactly the part I’m stuck on. Great ecosystem doesn’t automatically mean great value capture for ETH.

🌍 **Macro**
The 60-day U.S.-Iran memorandum window expired without a final agreement, keeping the Strait of Hormuz situation unresolved and pushing oil prices higher. Meanwhile, weaker U.S. economic data and continued AI financing concerns weighed on risk sentiment.
⸻
📈 **Market Snapshot**
• BTC: $63,482.70 (-0.01%)
• ETH: $1,886.10 (+0.34%)
• NASDAQ: 26,803.03 (+0.81%)
• S&P 500: 7,798.99 (+0.65%)
• F&G: 29 (Fear)
⸻
🧠 **Market Take**
BTC tested the $62.6K–$62.7K area twice over the weekend and quickly rebounded, with long lower wicks and increased volume showing strong buying support. BTC is now back around $63K–$63.1K, but remains capped below $63.4K.
**Key levels:**
* Resistance: $63.4K
* Support: $62.6K–$62.7K
* Trend: Range-bound consolidation
A volume-backed break above $63.4K could improve the short-term outlook, while failure to reclaim the level may keep BTC in weak sideways trading.
⸻
🔥 **Hot Tokens**
* PORTAL: +50%+ as its August Creator Program and AI-powered game creation initiatives boosted activity; volume surged 5x
* AIO: +20%+ after upgrading AI trading tools with real-time tokenized U.S. stock analysis
* APR: +20%+ following a 5.3% token buyback and a $200K exchange trading competition
⸻
📰 **Key Updates**
* Kalshi: Washington State court ordered the platform to suspend multiple businesses and implement geoblocking by Aug. 19
* SEC: Canceled its crypto exemption rule meeting, adding uncertainty around CLARITY Act progress
* World Liberty: Received a conditional U.S. federal banking charter and will replace BitGo as USD1 custodian and issuer
* Cboe: Applied for approval of the first U.S. 3x leveraged Bitcoin and Ethereum ETFs
* Ireland: Plans its first national AML strategy with tighter scrutiny of crypto wallets and overseas digital asset firms
* Leumi: Israel’s largest bank plans to launch crypto trading in early 2027
⸻
👀 **This Week to Watch**
* Aug 17: ASTER unlock ($98.64M); SPK unlock ($3.97M)
* Aug 19: 50% U.S. tariff on certain Canadian products takes effect; U.S. weekly ADP employment data
* Aug 20: Fed July FOMC minutes; U.S. initial jobless claims; ZRO unlock ($19.9M); KAITO unlock ($11.5M)
* Aug 21: U.S. August PMI; Japan CPI; AKE unlock ($21.27M); GWEI unlock ($5.18M)
* Aug 22: SENT unlock (\~$4.16M)
* Aug 23: SOON unlock (\~$3.93M)
⸻
⚡ **Quick Take**
BTC continues to defend the $62.6K–$62.7K area, but remains trapped below $63.4K. Strong buying at the lows provides a near-term floor, while the unresolved U.S.-Iran situation and weak risk appetite keep the broader rebound fragile. **$63.4K is the key breakout trigger, while $62.6K remains the critical downside support.**
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V3 pool
When ETH dropped to the 1500's end of June, I decided to put ETH only into a 1700-2200 range position.
My gut feeling was it would rebound back up, and then probably spend most of 2026 in that range.
So, originally a one sided position, and if ETH makes it to 2200, it'll be all USDC.
Basically like a form of passive DCA out, while collecting what is hopefully a high volume of fees along the way. xD

Honestly, yeah this is the uncomfortable bit. An L2 doing millions of cheap transactions can be great for Ethereum users without creating the ETH demand people imagined in 2021, especially if settlement fees stay tiny. I still hold ETH, but I’ve stopped treating ecosystem growth and token price as the same chart?

why not ETH? 2K to 20K or 40K even makes it a 20 bagger!

Called this on ETH yesterday before it moved, here's the same chart today

Except QRL cannot do M2M at scale... so youre competing directly with Ethereum for human payments, since ETH most likely solve quantum attacks.
Hey, maybe Im wrong. good luck with the future.

I just read up on XRPL. It seems ripple give banks their own tokens to use to transfer using the XRP ledger (chain I guess), not XRP token. So XRP token is the native coin that institutions don’t own use. I guess it’s like a governance coin but you dont get voting rights? But maybe be you get rewarded for staking / running nodes like ETH.

Here is what the company claims:
Dear User ID: 410143, Your withdrawal has been successful! HFT Fund sends funds to you in USDC as fiat currency. Withdrawing USDC to your bank card will generate an activation fee of USDT to USD. Your total USDC received is 103,453 USDC, which will be converted to USD$103,453. The activation fee is 10,345.3 USDT. Please contact customer service for assistance after payment. This fee will also be refunded to you after payment. We do not charge any fees. The total amount received in your bank account is 103,453 + 10,345.3 = $113,798.3. Payment address BTC:
bc1pqlnu2e2f55hz7n2fqyzhkywf2sfyhzncnuvdwr3yqyp43weyehnskkmeny
Payment address ETH:
0xF6de4AA15E723F201798B900cc54b9b002F2c82f
Payment address SOL:
prbi87uMRztaudSZvigX6JFSzKDbYNyTmDcpViN9CH8
Successful my hiny!!

I’m not saying 4k is its ATH, I’m saying I think Ethereum will spend most of its time in the $1,500-$4,000 range.
I don’t think Ethereum is destined for the stars like Bitcoin, I don’t ETH can flip Bitcoin.

1m is definitely not whale money mate (for any asset). And for ETH specifically it’s literally anyone that bought a decent stack before early 2017 (3 years post-ICO) and held to today.

694 ETH is one hell of a conviction 😂

The asset needs value capture from activity. Network needs to be able to scale for increased user activity for that capture. L2s are separate. They capture their user value into their own assets.
Scale Ethereum and you can scale up revenue. Simple. Otherwise, we continue to treat the asset as a "digital silver" or play off BTC priced lows.
The thesis for ETH value didn't change until garbage L2s as a general purpose replacement were forced down our throats from those that benefitted from their L2 success. Took an entire cycle for many to understand. Vitalik finally pivoting helped.

Maybe I was expecting the wrong thing from ETH

Nope, swapped everyrhing for ETH.