ETHEUR
Ethereum / Euro
crypto Composite

That much ETH staked is generating some serious yield, gotta wonder how that affects the staking APY for the rest of us over time.

BitMine now holds 5.8M ETH

Another milestone reached - over 4 million ETH is now locked in Ethereum 2.0

Of course you make good and valid points. But the truth is that stocks are nothing but pieces of paper people trade in hopes someone else will pay them more for it. SOL/ETH pay a dividend of sorts through staking. They are useful tools in blockchain and blockchain is exploding in real world use (at least 60% yearly). Utility does not automatically mean value. It took INTC 25 years plus to get back to its price from 2000/1.
Sentiment follows performance. IF Sol/ETH/Bitcoin catch the imagination of the investing public again (and supposedly brokerage houses are starting to recommend individuals hold 3-5% of their wealth in Bit), the solid institutional backing they have garnered in recent years are going to cause a huge spike again. These are not long term buy hold assets in my opinion, with the possible exception of BTC.
You might be surprised that SOL is working on mechanisms to make "inflating" the number of coins to 1.8% per year. BTC is about 0.85%, so it ain't bad. It's a heap better than the US fed government. Compounding 6.5% money supply is gross thievery (my opinion of course).

As someone who is staunchly opposed to this proposal, I don't think the points that are being made in the EIP are lost on anyone. In fact, I think pretty much everyone exactly understands the *trajectory* we are on with the current design, but people reject the notion that we're gong to see 100% ETH staked. No one is saying the current curve is fine, no one is saying "let's do nothing". People are saying that the claims about how dire the current situation is are overblown and that the consequences of implementing this EIP would be worse than following the current trajectory until we come up with a better solution or see what the future will bring.
>If not this curve, the no side should say which ratio is too much, and so far nobody has.
Why should the "no side" be required to do this? The "no side" can accurately point out that this EIP is flawed and reject it, without necessarily offering up an alternative.

I could just buy BTC, or tokenized stocks like GOOGL, AMZN, or MSFT. They’re actual businesses making real money, and over time their business performance gets reflected in the stock price.
But with ETH or SOL, I just don’t see the same connection between the growth of the chain and the value of the token. ETH and SOL can grow massively in terms of usage, activity, etc., but so what? How does that actually translate into value for the token holder?
I’m not saying this to shit on SOL or ETH, but if you’re DCAing into them while being underwater for years, aren’t you ultimately hoping that the market makers push the price high enough so you can dump your bags on someone else?
BTC at least has the absolute scarcity narrative. There will only ever be 21 million BTC. With SOL and ETH, I honestly don’t see anything comparable. And there’s nothing guaranteeing that either SOL or ETH will even revisit their previous ATHs in the 2027–2029 cycle.
And honestly, just look at the weekly charts of ETH and SOL. The price action is awful. A genuinely strong asset shouldn’t look like that. Compare it to BTC, gold, or any good company stock — those actually look like assets with a real long-term thesis..

honestly most people I talk to just want stables/ETH now, got burned too many times watching token rewards dump to zero before they could even claim them lol.

I got tired of opening five different apps to figure out what I'm actually worth, so I built a small tool that merges wallets and exchange accounts into one net worth number. Been using it myself for a while and finally cleaned it up enough to let other people poke at it.
**What it does:**
* Paste a public wallet address, it checks balances across 20+ chains (ETH, Base, Arbitrum, Optimism, Polygon, BNB, Avalanche, Solana, and more)
* Connect an exchange (Binance, [Binance.US](http://Binance.US), ByBit, others) with a read-only API key
* Everything gets normalized into one dashboard: total net worth, allocation by asset, and what each wallet/exchange contributes
**On custody, since I'd ask too:**
* Wallets are just public addresses — never asks for a seed phrase or private key, and nothing here *can* move funds
* Exchange API keys are created with reading enabled and withdrawals disabled, encrypted before they're stored, and never sent back to the browser once saved
It's free right now and I'm specifically looking for people to break it — missing chains, an exchange that should be supported, numbers that look wrong, anything confusing in setup. There's a feedback form on the site that doesn't require an account if you just want to point something out without signing up.
Link: [Squidly](https://www.squidly.finance/)
Not trying to sell anything, genuinely just want more eyes on it before I put more time into the roadmap. Happy to answer questions about how it works or why I made the calls I did.

I think there is a misunderstanding,: the main problem rhe proposal aiming to fix is not dilution, it's the snowball effect that leads to very high staking ratio, which itself causes issues. Overpaying for security and dilution is one of them, but not probably not even the biggest.
Better value accrual to L1 and ETH is also a worthy goal, but it would not stop the high staking ratio issues.

Suggesting ETH is the world's best store of value loses you all your financial credibility, sorry. It's a highly volatile asset with massive growth and loss potential (down 55% against USD yoy), **AND** every disposal is a tax event.
It makes no financial sense to store a large % one's wealth in ETH if storing value is the aim. Legitimate financial advice to protect wealth would be to put it into bonds, money market funds and equities in tax-efficient accounts, and possibly real estate and diversified commodities.

0x0782Dd84E59c48977265F2Ec171A890560743417 das my ETH addies boys and girls help me full port outa here into 0DTE SPY calls

It is all about BTC, ETH and few more that are in med-high risk terittory like SOL, BNB, XRP etc

Yep, it’s a shame that two thirds of ETH holders have been completely left out of the current debate, because they aren’t the expert minority that stake.
ETH as money is by far the most important utility of Ethereum. The world’s best SoV asset. Fracturing ETH liquidity into 100’s of trusted third party xxETH derivatives with their own risk profiles is completely unacceptable.
ETH is why we are here. 
Staking's only job is to keep ETH secure, not the other way around.
Solo stakers getting pushed out of the current curve before industry is the cherry on top. But sure, Lido has concerns about the proposal 🙃

Spot on!
The current curve does not allow an equilibrium between stakers and non stakers to be found below 1.5% yield.
If the yield the market demands for staking ETH vs holding ETH gets low enough, then there is simply no equilibrium. Because staking will always pay 1.5% over non staking. And once a majority of ETH is staked with an LST or a big centralized provider the risks of not staking with them are actually higher than staking with them. Because they have become de facto the canonical chain. Whatever happens they will be the dominant fork.
So you have just the perfect conditions for the chain to lose its CROPS properties.
Stake capping fixes that by ensuring there is a point where the yield of staking and not staking are equal. The point of setting the curve like that is not to reach it, staking will always carry a risk that the market will demand to be compensated for. Therefore the nominal yield will be positive. The point is to be able to reach that equilibrium and do so at a healthy stake range!

NFT mania was the thing on Solana in the early days.
As a founding member of a team and project that captured 80–90% of the NFT market share on Solana, I believe NFTs were what drew attention to the blockchain and its ecosystem from the outside.
One of the highlights was the Okay Bears launch in April 2022, after which some capital flowed from Ethereum to Solana, and ETH NFT maxis and traders were pleasantly surprised by the UX of Solana projects. That was a shift.
In the same month, OpenSea attempted to enter Solana. They were 10 times bigger in terms of team size and revenue, but we fought them and won. To be fair, our later attempt to enter the EVM NFT market failed too.
In the middle of 2022, royalty-free marketplaces disrupted the NFT world. The Solana DePIN narrative became a big thing. Then came the FTX collapse.
And in 2023, Solana had to start over.

so you basically used your ETH as collateral without selling it? that's clever, i never think about borrowing against it like that

my setup is a mess honestly, takes me like 2-3 days sometimes to get money out when i need it fast. the gas fees and waiting for exchanges and all that

never heard of tangem pay but if it works like a regular card that pulls from your wallet that would save my ass one day

Lurked this debate all week, mostly on X where it is a lot louder. The angle I keep missing in the dailies is what the current curve does to the holder side. It pays for stake growth at any level, with a hard floor around 1.5% built in, and the bill is carried by everyone holding unstaked ETH. 8363 gets read as a plain yield cut but the mechanism is tighter than that, it stops paying extra for growth once half the supply is staked, and below that the level is up to the market. The part I find hardest to argue against: every quarter the staked share adds about two points and any future fix gets harder to land. If not this curve, the no side should say which ratio is too much, and so far nobody has.

ETH was using gpus up till about 3 years ago

2024-2025 was basically just a BTC bull market, with some alts just tagging along or doing very little. To put this into perspective, ETH was at the same price in the summer of 2023 as it is now, while BTC back then was trading around 25-30k. You had a couple that did really well, Solana and XRP, but the alts collectively have done NOTHING since 2021. Sure, you had some opportunities for swing trades, but in terms of an actual alt season it never occurred.
I do think we will have an alt season at some point, the variables for that to occur based around monetary policy just weren't there in 2024 through 2025.

After this incident with Cold Card I'm now fully convinced that this forum is generally awful for anything crypto related.
That stupid wallet was shilled all over the place on this forum while everyone was telling those to ditch Ledger for Cold Card. Cold Card, a wallet not even in the top 10, was made by a company with only 5 employees that's been around for roughly as long as Ledger with only 6 figures in 1st. round funding, vs. hundreds of millions with Ledger over several rounds. Ledger has an entire team dedicated to security testing, DonJon, and has even tested Trezor wallets and collaborated with that company to help them bolster their security. These people also say how Ledger is "closed source" when it's in fact 95% open source. Despite these variables, the trolls on here were still promoting some stupid little wallet lol when there were plenty of others to choose from that were clearly from much better companies that have/had the resources to run security tests, offer bug bounties, etc.
You also have a lot of trolls on here that have gone around calling for these insane price targets for the bear market lows, like BTC going to 30k or ETH below 1k. It's very likely we've already hit the low for this bear market OR are very close. Those following these bears too closely will miss the bottom all together.
Then it also seems like a lot of posters from "ButtCoin" also seem to come over to here talking about how BTC has lost it's vibe and that no one cares about it anymore. Meanwhile, this is the opportunity to be accumulating and on par with buying BTC at 20k in 2022 and in the 3k range in late 2018.
Overall, much of the advice on here is terrible and it seems like there aren't many that are here to offer sound advice and input in what is being discussed. This forum has probably resulted in many people making a lot of mistakes or possibly even losing a lot of funds, such as with the suggestion to use Cold Card. I still can't really tell if they are just clueless idiots or intentionally on here to troll and cause harm, it seems like it's a bit of both.