ETHEUR
Ethereum / Euro
cryptoComposite

A decentralized pool. They're hoping to reduce the minimum stake to 1 ETH but that will take some scaling improvements.

What does it cost to send ETH on L1, do you know? Last time I checked it was $0.007 and takes an average of 6 seconds.

Kudos to BLAST for making an announcement, setting a date and providing detailed instruction for users to withdraw funds, or bridge to another network rather than just doing a runner or staying silent. A shame it wasn't able to generate enough in fees to maintain it's operations. BLAST was one of my most successful airdrops, in terms of reward for effort input - hundreds of dollars worth of BLAST tokens simply from staking a couple of ETH, on top of the stake rewards of course. Good times. 🫡

this sqlana fanboi form drokworks: [https://xcopy.uk/minnus/status/2105308939378184363](https://xcopy.uk/minnus/status/2105308939378184363) but yeah I agree it's kind of obvious just wanted to say the ETH L2 model may not be the endgame

No wonder the liquidity is drying up, the trend is ETH going at stake not at market depth. This is not good for the quality of the asset. Less liquidity means more slippage in and out.

Nobody is selling their staked ETH anyway

They took away the decentralisation part of the project with the insane amount of ETH you need to stake to run a validator. It's WAY above folk's paygrade and only early miners and rich folks can afford to run a validator. Agreed that it makes transaction faster, needing less validators but, yeah, no more decentralization as their was with gpu mining (which wasn't a good solution either, agreed)

ETH having less liquidity than BTC feels more like a benchmark problem than an Ethereum problem. BTC is the deepest crypto market by a mile, the more useful question is whether ETH liquidity is sufficient for actual institutional size, and whether that depth is improving over time.

**TL;DR:** According to CoinGecko, ETH liquidity is now less than half of BTC's, down from 60% in 2025. ETH has median daily liquidity of $13M–$14M at the 0.15% market depth level. However, most exchanges have over $1M liquidity on each side, with Binance leading at $3M. This is not necessarily a problem, as ETH has substantial liquidity and a growing ecosystem. --- *This is an AI-generated summary, always make sure to verify the accuracy of the information provided.* *^(my-tldr v0.0.13)*

ETH has a liquidity problem.

Vivek Raman (Etherealize) on twiter: How are exchanges tokenizing stocks? \- Coinbase: on Base, an ETH L2 \- Robinhood: on Robinhood Chain, an ETH L2 \- Kraken: on Ink, an ETH L2 And today: \- OKX + ICE, on X Layer, an ETH L2 With L2s, exchanges own the rails and connect to the largest public blockchain: Ethereum. [https://nitter.meowing.monster/VivekVentures/status/2107081894873432422](https://nitter.meowing.monster/VivekVentures/status/2107081894873432422)

Yes but ETH uses proof of stake, which invites concentration of wealth, leading to centralization.

1. Upside is relatively limited for Ethereum. 2. Of course ETH leads in TVL and stablecoin supply, but the relative market share has not been growing over the last 4 years or so. Basically ETH went from 100% in 2020 and prior, to ~50% in mid 2022 and it continues to hover around 50-60%. It is retaining its share, but seeing as the growth is far more helpful for smaller chains, I see this is as a threat to ETH. 3. ETH is having identity/narrative struggles, L2s were the plan for scaling, now they're scaling the L1 and we're at the point when we don't hear about new L2s launching, we hear about older L2s dying. Not to mention the economic alignment is kinda borked. 4. ETH's position as the clear leader in smart contracts has never been more challenged than it is now and basically that lead has been perpetually shrinking since Solana launched. 5. The biggest tradfi institutions are launching on many different networks, not just Ethereum. 6. Sentiment and mindshare around the ETH has probably never been lower (sentiment probably bottomed recently), I rarely see people bullpost ETH or talk about using things on the L1, this is anecdotal but as a decade long ETH holder, I feel like I've got a decent feel for it. ETH has always been my biggest bag or second biggest bag, but it's not a coin I'm too hyped on holding right now.

It definitely feels like ETH is waking up again. I’m curious if this is the start of a bigger move or just a short-term breakout. $2.7k still feels pretty far from the previous ATH though. What price level would you want to see ETH hold before getting more confident that the trend has really changed?

>**Chainlink throws the dice,** >**The right liquidation price,** >**Litigate with spice.** ~Daily haiku until we’re at least at 0.178 on the ETH/BTC ratio or highest market cap

The raw queue size sounds dramatic, but the more useful question is what share of total staked ETH it represents and how quickly the queue is clearing. A larger exit queue doesn’t automatically mean validators are abandoning Ethereum - some exits can be routine rebalancing, withdrawals, or profit-taking.

> on-chain metrics & liquidity You put ETH in category C... * There is more value in Stablecoins on Ethereum than on every other chain combined, even if you count Ethereum's rollups (Arbitrum, Base, Optimism etc) as part of the 'Other Chains' category: https://visaonchainanalytics.com/supply * There is more value in DeFi on Ethereum than on every other chain combined, even if you count Ethereum's rollups (Arbitrum, Base, Optimism etc) as part of the 'Other Chains' category: https://defillama.com/chains > market sentiment & narrative * Blackrock, the biggest asset manager in the world has built multiple projects tokenizing traditional financial assets on Ethereum: https://ethereumadoption.com/built-on-ethereum?view=byEntity#entity-blackrock * UBS, the biggest wealth manager in the world has built multiple projects tokenizing traditional financial assets on Ethereum: https://ethereumadoption.com/built-on-ethereum?view=byEntity#entity-ubs * JP Morgan, the biggest bank in the world by market capitalization has built multiple projects tokenizing traditional financial assets on Ethereum: https://ethereumadoption.com/built-on-ethereum?view=byEntity#entity-jpmorgan * Fidelity, the 3rd biggest asset manager in the world has built multiple projects tokenizing traditional financial assets on Ethereum: https://ethereumadoption.com/built-on-ethereum?view=byEntity#entity-fidelity What narrative do you think other projects have that is more convincing than literally the biggest financial institutions in existence choosing to deploy there?

agreed. ETHBTC not breaking out this cycle would mean under-performing BTC for 2 cycles in a row and, as far as I am concerned, refute the ETH investment thesis. In this case I would commit sudoku

I remember there was some hype around new groups that was created this past year, with the mission of marketing ETH and focusing on attracting investors / capital. Anyone that has followed them? How are they doing? Are they actually doing something?

I wouldn't put much stock into criticism that equates buying bitcoin with straight up gambling. It'll always be volatile and should be a smaller part of a portfolio, but it's not equivalent to buying a lotto ticket or playing roulette. It was early on but that ship has sailed long ago. It's has such a brand name that it's not reasonably disappearing overnight, regardless of what any other altcoins do or crypto people try to pump their own coins. 2% is not enough to be "significant" or over-allocated or what is now a fairly stable investment (it went between 60-80k the entire year so far, gold had bigger swings). If you had a $1m portfolio having 1/2 or 1/4 a bitcoin and some ETH is totally reasonable, the risk:reward is worthwhile. And so far treating bitcoin like any other investment (buying over time and not trying to time it) has a strong track record now. Any bitcoin purchased over the summer is doing pretty well about now.

Ethereum doesn't even need L2s to be successful. It's an incredible offer if you think about it. You get the massive security of ETH, arguably the best in all of crypto with the possible exception of BTC, without having to think about any of the complicated aspects of blockchain management, decentralization, validator clients etc. and all it costs you is a very moderate fee, several orders of magnitude below the cost of an L1. Ethereum is fine with that offer just being out there. Whether base or robinhood succeed doesn't really matter, that's their problem. In the future we won't even talk about L2s being on Ethereum, where else would they be? It's the only game in town and it'll be basic infrastructure.

Yeah and concentrated liquidity makes it worse, a tight range earns more fees but also gets hit way harder when the pair moves. If OP wants to try LPing without that pain, correlated pairs like ETH/stETH or stable/stable barely diverge, so the fees actually stick.

nah. $BTC is going to moon and drag ETH up with it. ETH will shine AFTER Bitcoin leads for a while longer. ETH holders should welcome this. Saylor, other treas companies and the US treasury are working togethertomake TC a mainstream investment, and the collateral for high yield instruments that are backed by BTC but less volatile.

When I read what many people on Reddit are saying about the future of Ethereum, I notice how often the discussion focuses on potential price targets above the crab. People are talking about Uptober, $10,000, and in some cases even $25,000 for ETH. At the same time, RAY has been in a downtrend for years, and that trend has yet to be sustainably broken. Simply hoping for $5,000+ while ignoring RAY feels very short-sighted to me. A much healthier development for Ethereum would be a strong rise in RAY, even if the dollar price barely changed as a result. That would show that Ethereum is actually gaining strength within the crypto market again. Of course, many people are right when they point out that Bitcoin has a huge investor lobby and a very strong narrative behind it. But this is also where I see a flaw in the assumption that Ethereum will gain long-term adoption simply because of its utility and technological development. Technological relevance does not automatically translate into financial relevance for the asset. The worse ETH performs against Bitcoin over the years, the harder it becomes to convince investors that ETH is the more attractive long-term investment. That is why I believe Ethereum needs more than technology and real-world utility. It needs a strong narrative, clear positioning, and significantly more attention from investors. I find it unlikely that Ethereum can thrive in the long run without a strong lobby, serious marketing, and a meaningful evolution of its narrative. For me, the important question is therefore not whether ETH eventually reaches $5,000, $10,000, or $25,000. What matters is whether Ethereum can regain its relative strength against Bitcoin. A rising RAY would be a far more convincing signal to me than any arbitrary dollar price target. //Thoughts translated by AI as I am no native English speaker.//

Alt season didn't die, it got split 100 million ways. In 2021, new money had a few thousand coins to go into. Now every rally gets spread across thousands of new memecoins launched the same week, so no single coin gets much of it. ETFs changed things too. A lot of people who'd have bought BTC, then ETH, then moved into smaller coins now just buy a Bitcoin or Ethereum fund through their broker and stop there. That money never reaches the rest of the market. My guess is the next one looks more like stock picking. Coins with actual revenue that use it to buy back their own token will probably do well, and most of the rest won't. Fewer coins going up, but the ones that do have a real reason to.