EthFinance

1/ I find it telling that price has overtaken every other meaningful metric, such as active wallets, transaction volume, number of validating nodes, etc. in the current zeitgeist. Camila’s tweet is the latest example of that disease. 🧵

1/ I find it telling that price has overtaken every other meaningful metric, such as active wallets, transaction volume, number of validating nodes, etc. in the current zeitgeist. Camila’s tweet is the latest example of that disease. 🧵

https://x.com/camirusso/status/1849432939689341378

PhD in aviation ∩ climate science | Aviator, diver, ETH maxi, nexialist | Host of /diving /ethfinance /eth-staker /geopolitics /science /singapore /thomas

Ethereum has executed its rollup centric roadmap but that also impacted ETH’s value accrual. 

Previously it was dominant in volume and fees but since 4844 both have trended down and ETH has re-priced.

Long term, L1+L2 activity does need to increase by orders of magnitude for the  network to remain competitive.