0/ The Ethereum Foundation continues to explore DeFi as part of its treasury strategy. In Oct 2025, EF deployed 2,400 ETH + ~$6M in stablecoins into @Morpho Vaults V1. https://t.co/YKbq4hKYaK Today: another 3,400 ETH into Morpho, where 1,000 ETH in Morpho Vaults V2. Why Morpho? 👇

Name & Symbol: Morpho Token ($MORPHO)
Address: 0x58d97b57bb95320f9a05dc918aef65434969c2b2

🚨 JUST IN: Bitcoin OG Erik Voorhees has turned his USDT war chest back to Ethereum, buying 8,576 $ETH in 5 days. The guy building Venice AI $VVV on ETH L2 is doubling down on the chain his stack runs on. https://t.co/Znm4sSuNcz

Name & Symbol: Venice Token ($VVV)
Address: 0xacfe6019ed1a7dc6f7b508c02d1b04ec88cc21bf

🚨 BREAKING: Tokenized RWAs on Ethereum just blew past $15B, led by BlackRock + Franklin Templeton treasury funds.​ Standard Chartered now models RWA tokenization at ~$2T by 2028, expects the majority to settle on $ETH.

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

Now, the quantum resistance roadmap. Today, four things in Ethereum are quantum-vulnerable: * consensus-layer BLS signatures * data availability (KZG commitments+proofs) * EOA signatures (ECDSA) * Application-layer ZK proofs (KZG or groth16) We can tackle these step by step: ## Consensus-layer signatures Lean consensus includes fully replacing BLS signatures with hash-based signatures (some variant of Winternitz), and using STARKs to do aggregation. Before lean finality, we stand a good chance of getting the Lean available chain. This also involves hash-based signatures, but there are much fewer signatures (eg. 256-1024 per slot), so we do not need STARKs for aggregation. One important thing upstream of this is choosing the hash function. This may be "Ethereum's last hash function", so it's important to choose wisely. Conventional hashes are too slow, and the most aggressive forms of Poseidon have taken hits on their security analysis recently. Likely options are: * Poseidon2 plus extra rounds, potentially non-arithmetic layers (eg. Monolith) mixed in * Poseidon1 (the older version of Poseidon, not vulnerable to any of the recent attacks on Poseidon2, but 2x slower) * BLAKE3 or similar (take the most efficient conventional hash we know) ## Data availability Today, we rely pretty heavily on KZG for erasure coding. We could move to STARKs, but this has two problems: 1. If we want to do 2D DAS, then our current setup for this relies on the "linearity" property of KZG commitments; with STARKs we don't have that. However, our current thinking is that it should be sufficient given our scale targets to just max out 1D DAS (ie. PeerDAS). Ethereum is taking a more conservative posture, it's not trying to be a high-scale data layer for the world. 2. We need proofs that erasure coded blobs are correctly constructed. KZG does this "for free". STARKs can substitute, but a STARK is ... bigger than a blob. So you need recursive starks (though there's also alternative techniques, that have their own tradeoffs). This is okay, but the logistics of this get harder if you want to support distributed blob selection. Summary: it's manageable, but there's a lot of engineering work to do. ## EOA signatures Here, the answer is clear: we add native AA (see https://t.co/YD9nIpsxcC ), so that we get first-class accounts that can use any signature algorithm. However, to make this work, we also need quantum-resistant signature algorithms to actually be viable. ECDSA signature verification costs 3000 gas. Quantum-resistant signatures are ... much much larger and heavier to verify. We know of quantum-resistant hash-based signatures that are in the ~200k gas range to verify. We also know of lattice-based quantum-resistant signatures. Today, these are extremely inefficient to verify. However, there is work on vectorized math precompiles, that let you perform operations (+, *, %, dot product, also NTT / butterfly permutations) that are at the core of lattice math, and also STARKs. This could greatly reduce the gas cost of lattice-based signatures to a similar range, and potentially go even lower. The long-term fix is protocol-layer recursive signature and proof aggregation, which could reduce these gas overheads to near-zero. ## Proofs Today, a ZK-SNARK costs ~300-500k gas. A quantum-resistant STARK is more like 10m gas. The latter is unacceptable for privacy protocols, L2s, and other users of proofs. The solution again is protocol-layer recursive signature and proof aggregation. So let's talk about what this is. In EIP-8141, transactions have the ability to include a "validation frame", during which signature verifications and similar operations are supposed to happen. Validation frames cannot access the outside world, they can only look at their calldata and return a value, and nothing else can look at their calldata. This is designed so that it's possible to replace any validation frame (and its calldata) with a STARK that verifies it (potentially a single STARK for all the validation frames in a block). This way, a block could "contain" a thousand validation frames, each of which contains either a 3 kB signature or even a 256 kB proof, but that 3-256 MB (and the computation needed to verify it) would never come onchain. Instead, it would all get replaced by a proof verifying that the computation is correct. Potentially, this proving does not even need to be done by the block builder. Instead, I envision that it happens at mempool layer: every 500ms, each node could pass along the new valid transactions that it has seen, along with a proof verifying that they are all valid (including having validation frames that match their stated effects). The overhead is static: only one proof per 500ms. Here's a post where I talk about this: https://t.co/rAUSJjW7WL https://t.co/EtXpkaDll5

Name & Symbol: ARAI ($AA)
Address: 0x01bf3d77cd08b19bf3f2309972123a2cca0f6936

There is also an important synergy between FOCIL and AA (EIP-8141, which is based on 7701): 8141 makes not just smart accounts (including multisig, quantum-resistant signatures, key changes, gas sponsorship) first-class citizens, it also can do the same for privacy protocols (either indirectly via paymaster, or if we add 2D nonces, directly as a multi-tenant account). "First-class citizen" means that operations sent from that account can be included directly onchain as transactions, with no wrappers. FOCIL enables censorship-resistant rapid inclusion of any transaction. Hence, with FOCIL and 8141 together, anything, including smart wallet txs, gas sponsored txs, and even privacy protocol txs, can be included onchain through one of 17 different actors (the proposer or the includers) that are all chosen randomly in each slot. This gives us guaranteed rapid inclusion, meaning almost certainly within 1-2 slots, of any such tx, even in an adversarial environment. In this iteration, the FOCILs are 8 kB each, so they are very small in size. However, there is a natural future extension path to making them much larger, so that the majority of transactions to a block could, if needed, come through FOCILs. Such a design would have many of the properties of multiple concurrent proposer (MCP) designs, with the key difference being that FOCILs do not try to control the MEV-relevant "last look" role - that's still auctioned off with ePBS. The behavior of the last look role in "full MCP" depends strongly on the specifics of the design. The FOCIL design ensures that even if literally 100% of all slots get sold off via proposer-builder separation to a hostile actor that refuses to connect to public mempools, discriminates against certain applications, or is otherwise abusive, all transactions can still get quickly included. It's not eliminating the centralization of the proposer role, but it is heavily disempowering it. With EIP-8141 (AA), transactions from smart wallets, privacy protocols, etc, could be sent *through a public mempool, and directly received by a FOCIL includer*, no wrappers, "public broadcasters", or other intermediaries required. Ethereum is going hard.

Name & Symbol: ARAI ($AA)
Address: 0x01bf3d77cd08b19bf3f2309972123a2cca0f6936

ETH Stablecoins at $160B is nothing. ETH DeFi at $100B is nothing. ETH RWA at $15B is nothing. We should aim a lot higher. These are trillion-dollar markets waiting to be acquired.

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

ETHEREUM $ETH RWA MARKET CAP SURPASSES $15B, UP ~200% YOY

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

No one is going to talk about Zero in a couple weeks, because nobody talks about Stable. Same story, VCs shill their $ETH killer and pump their $2 Billion FDV bag that does 0.1 TPS Just use Ethereum https://t.co/ZMwS5wxtJn

Name & Symbol: Stable ($STABLE)
Address: 0x011ebe7d75e2c9d1e0bd0be0bef5c36f0a90075f

🫡because security is also privacy, my signer Safe (0x5aFE...Da0 -> safe...dao :D) is fully funded via Tornado Cash. That means a Tornado-funded signer is now securing over $220M in assets. Next time someone claims Tornado Cash is "only used by criminals," show them this. Fucking proud to be part of the regenesis of TheDAO. LFG.

Name & Symbol: Safe Token ($SAFE)
Address: 0x5afe3855358e112b5647b952709e6165e1c1eeee

All of sudden, x402 and ERC-8004 will start to get a ton more attention. No brainer as to why, but its very good that Ethereum has been working towards solutions for agentic commerce for awhile. People will be flying about agent-to-agent payments and what's to come. Reality is different. Its slower. Until we get actual micropayment functionality in-browser, the state of agentic micropayments is still in the distance. Likely late 2026, 2027, but who knows with these time frames. Halliday, NEAR, Allora, Chainlink, Virtuals, Bittensor Circle, and many others have been in front of this wave as well. This is a multi-year category with most progress coming later in the decade, but when it hits, its going to hit hard.

Name & Symbol: Allora ($ALLO)
Address: 0xcce5f304fd043d6a4e8ccb5376a4a4fb583b98d5

@DTAPCAP "Then stables, rwas, ai, dexs, defi, depin, prediction etc etc." All of this has absolutely nothing to do with Bitcoin and everything to do with Ethereum.

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

After Vitalik's post on decentralization last week, some alt L1 leaders have been trying to use the post to suggest a segmentation of real world growth away from ethereum. To paraphrase their response to Vitalik's post, "It's great to see Ethereum admitting a focus on decentralization. In contrast, we're focused on practical centralization and the real world. Totally different markets." This is, of course, nonsense. Ethereum dominates real world growth for very good reasons and will continue to do so. The error in their argument is the framing of "decentralization vs. centralization". That's a false dichotomy. Decentralized finance and centralized onchain finance are not separate markets requiring distinct solutions/chains. They are yin and yang, intertwined and mutually reinforcing, with a crucial natural asymmetry that will shape industry structure to global ubiquity: You can build a centralized solution on a decentralized lower layer, but not vice versa. On ethereum- the only maximally decentralized programmable L1- you can fully choose your level of centralization. On other L1s, it's been chosen for you. If, as these alt L1 leaders implied this week and has been a major fud item over the years, decentralization is merely a niche capability unrelated to practical real world onchain finance, then the observation that you can't build decentralized things on centralized chains would be merely academic and not important to actual industry structure. In reality, having a decentralized foundation is crucial for global scale centralized onchain finance, because centralized things have owners and owners care about minimizing counterparty risk. For one RWA with $200m TVL, it might not matter if it's on a centralized chain. But with thousands of RWAs, collectively having trillions in TVL, and tens of trillions in economic activity across thousands of protocols, then the counterparty risk minimization uniquely enabled by decentralization becomes a prerequisite for an onchain economy of this scale to exist in the first place. That's what Ethereum is doing, building a global scale onchain economy. There's no centralization vs. decentralization dichotomy. Not only is it appropriate to build centralized assets/protocols on decentralized Ethereum, these are actually better off on eth than on centralized chains, due to the centralized app operators benefiting from eth's counterparty risk minimization. Corporate RWAs are better off on Eth. Government systems are better off on Eth (e.g. building their own L2) than on another L1 (or building their own L1). Privacy is better off on Eth. Everything is better off on Ethereum because everything either benefits from eth's decentralization's counterparty risk minimization or from the much denser broader onchain economy uniquely enabled by eth's decentralization. Decentralization and centralized onchain finance need each other to reach their world changing potential. That's only achievable on Ethereum. Would love to see @VitalikButerin @ethereumJoseph @joechalom @fundstrat talk more about decentralization🤝centralization. I think it would help a lot. These synergies are driving Ethereum to global ubiquity and ETH to multi trillion.

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

Did you notice that @MikeIppolito_ on the Bankless podcast with @TrustlessState just repeated that ETH maxis were saying for years? - Revenue quality matters and tokens will be repriced based on that - Modular architecture (l2s) is a natural winner - Ethereum won RWA and assets issuance in general

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

Have a look at a first iteration of our private Safe wallet POC - powered by the Bermuda SDK! The demo contains 3 steps: 1. Shield assets 2. Shielded asset transfer 3. Unshield assets Expect ZK proving improvements, even better UX, and a testnet deployment in the coming weeks! @safe @ethereumfndn @gnosisdotio @VitalikButerin

Name & Symbol: Safe Token ($SAFE)
Address: 0x5afe3855358e112b5647b952709e6165e1c1eeee

Existing privacy solutions don’t work together with smart contract accounts like @safe - therefore missing features like multi-sigs or recovery. @bermudabayzk is about to change that!

Name & Symbol: Safe Token ($SAFE)
Address: 0x5afe3855358e112b5647b952709e6165e1c1eeee

Unpopular take: ETH has way more long-term upside than BTC. One of the reasons I created https://t.co/CanopzxSz5. Don't get me wrong, I love Bitcoin too – digital gold and all that. But Ethereum's building the actual internet of value with Stablecoin, RWA, DeFi, NFTs, L2s blowing up, and real utility driving demand. Bullish on both tho.

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

Ethereum mainnet is already the most adopted blockchain (in some case more than 2-3x). Let’s take a look at the data to support my claim: → DeFi TVL: 6x the next largest ecosystem → Overall RWA TVL: 66% market share → Stablecoin Supply: 60% market share → US Treasuries: 55% market share → Commodities: 83% market share → Insti Funds: 54% market share → Stocks: 54% market share → Developers: 4x next largest stack

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

Ethereum is for shipping. Here are 29 things the Ethereum ecosystem launched, upgraded, and announced over the past month. 0/ Fusaka, Ethereum’s latest upgrade, went live on December 3rd. Fusaka included 13 Ethereum Improvement Proposals (EIPs) that boost blob capacity, improve user experience, and introduce data availability sampling to securely scale the network and set the stage for future L1 upgrades. Ethereum is securely scaling. 1/ @aave introduced the new Aave App, a smarter interface for saving and interacting with the protocol. Better UX and clearer pathways into DeFi help bring more users onchain and strengthen the financial layer built on Ethereum. 2/ Devconnect (@EFDevcon), the largest Ethereum gathering of the year, occurred in Buenos Aires, Argentina. It marked the ‘First Ethereum World’s Fair’ with 75+ projects demoing on site and 20k+ registrants, making it the largest Devconnect ever. 3/ @Amundi_ENG, Europe’s largest asset manager, launched the first tokenized share class of an existing euro-denominated money market fund on Ethereum. 4/ @AbstractChain announced that @Disney coming to @Cryptoys, bringing iconic brands and their millions of fans onchain. 5/ @jpmorgan's USD deposit token JPMD is now live on @base. Institutional settlement on Ethereum L2s demonstrates real-world adoption and builds bridges between traditional finance and public infrastructure. 6/ @ElizaEcoFund, an open-source framework for deploying AI agents, migrated its native $ELIZAOS token to Ethereum. Teams choosing Ethereum for AI-agent infrastructure highlights Ethereum’s strength as a programmable base layer. 7/ The @EthereumFndn @EFDevcon team announced that Devcon 2026 will be hosted in Mumbai, India. 8/ The Ethereum Protocol Advocacy Alliance launched as a coordinated policy effort by @aave, @AragonProject, @CurveFinance, @LidoFinance, @sparkdotfi, @graphprotocol, & @UniswapFND. The Alliance aims to protect Ethereum’s neutrality and ensure global regulation supports open, permissionless innovation. 9/ @Starknet activated S-two, a high-speed prover now securing every Starknet block. Faster proofs strengthen the rollup ecosystem and advance Ethereum’s ZK future. 10/ @aztecnetwork released Ignition, a fully decentralized L2 consensus layer that advances private, programmable onchain activity on Ethereum. 11/ The @ethereumfndn introduced the Ethereum Interop Layer (EIL). EIL aims to make Ethereum’s L2 ecosystem feel like one unified chain, without new trust assumptions. 12/ @usxcapital, a privacy-preserving stablecoin on Scroll and LayerZero, went live. It brings gasless, private transfers and new stablecoin rails to Ethereum L2s. 13/ @aplus introduced a turnkey solution for banks to issue GENIUS-compliant stablecoins on Ethereum. This makes it easier for smaller institutions to issue stablecoins and compete collectively with larger players in the market. 14/ @nillion is extending its Blind Computer infrastructure to Ethereum, unlocking new possibilities for decentralized computation without revealing underlying data. As Ethereum becomes an ecosystem of many chains that settle on the L1, Nillion provides shared, decentralized, private computation compatible with both L1 and every L2. 15/ @StartaleGroup released the Startale App, a SuperApp for @soneium's rapidly growing network on Ethereum. With 10M+ weekly transactions and 90K+ daily users, it offers a clean, secure way to explore the ecosystem. 16/ wARS, a new Argentine peso–pegged stablecoin, launched on Ethereum, @Base, and @world_chain_, making it easier to move local value in Argentina and latAm to the blockchain. 17/ @1inch launched 1inch Aqua, a new liquidity protocol designed to defragment liquidity for market makers and improve execution across the DeFi ecosystem. 18/ @renegade_fi went live on @arbitrum. Renegade aims to make DeFi more private. Trade privately with dark pools, zero MEV, slippage, or price impact. 19/ @RobinhoodApp_EU tokenized nearly 1,000 stocks on @Arbitrum, for their EU app. 20/ Japan's largest idol & fashion festival @idolrunwaycolle is going onchain via IRC APP—developed by @YOAKEofficialEN, powered by @record_protocol on @soneium. 21/ Ethereum hit 34,000+ TPS, a new all-time high, showing that rollups are scaling Ethereum in practice and proving the network can support global, real-world demand. 22/ The @sharedotxyz app launched on @base and Ethereum. It’s an easy way to share transactions, follow any wallet, and earn rewards for trades. 23/ @eigencloud launched EigenZero with @LayerZero_Labs, bringing a decentralized verifier network backed by cryptoeconomic guarantees. 24/ @Celo and @ensdomains introduced Celonames: human-readable identities make it easier for everyday users to engage with Ethereum applications on Celo. 25/ @Uniswap launched Continuous Clearing Auctions, enabling permissionless token auctions with automatic liquidity bootstrapping, designed to curb unfair launches. 26/ @Spire_Labs launched Full Send, a free RPC with MEV protection and safe inclusion guarantees. Better user protection improves trust and reduces hidden costs for Ethereum users. 27/ @graphprotocol announced Amp, a blockchain-native database for building and remixing smart-contract datasets locally. This improves data access for developers and expands Ethereum’s data tooling ecosystem. 28/ @DefiLlama shipped LlamaAI, enabling prompts to generate charts, analysis, and insights. Better analytics deepen transparency and understanding of onchain financial activity.

Name & Symbol: elizaOS ($ELIZAOS)
Address: 0xea17df5cf6d172224892b5477a16acb111182478

In 2025 alone: → Bitcoin-backed loans reached $1.5B in collateral, $1.2B in origination, and $800M in active loans. → DeFi lending is now putting $350M+ USDC to work, earning 8%+ in yield. Now, ETH-backed loans expand the borrowing side of the liquidity flywheel. Under the hood, Morpho connects Coinbase users to lending demand coming from the world's biggest fintechs and DeFi platforms, including @sparkdotfi @Ledger @safe @TrustWallet @MoonwellDeFi @SeamlessFi and more. 2025 is only the 0→1 of the DeFi Mullet. Much more to come.

Name & Symbol: Morpho Token ($MORPHO)
Address: 0x58d97b57bb95320f9a05dc918aef65434969c2b2

In 2025 alone: → Bitcoin-backed loans reached $1.5B in collateral, $1.2B in origination, and $800M in active loans. → DeFi lending is now putting $350M+ USDC to work, earning 8%+ in yield. Now, ETH-backed loans expand the borrowing side of the liquidity flywheel. Under the hood, Morpho connects Coinbase users to lending demand coming from the world's biggest fintechs and DeFi platforms, including @sparkdotfi @Ledger @safe @TrustWallet @MoonwellDeFi @SeamlessFi and more. 2025 is only the 0→1 of the DeFi Mullet. Much more to come.

Name & Symbol: Safe Token ($SAFE)
Address: 0x5afe3855358e112b5647b952709e6165e1c1eeee

maybe halting the network or freezing hacked funds is a good solution for smaller alt-L1s as @hosseeb says but consider the second order effects if operators of a chain *can* freeze funds for theft, hack, or government order then doesn't this imply a legal responsibility for validators to always freeze funds? this opens the door for civil and criminal cases if you have the ability to pagerduty the validators and have them freeze and you don't take it - aren't you liable? i have to think this industry splits two types of chains: 1. cypherpunk chains - decentralized chains that don't have the ability to freeze/censor/steal 2. tradfi chains - centralized chains that have the ability to freeze/censor/steal and consider this a feature no shame in being a tradfi chain - but if that's your strategy be prepared to face off against Tempo/Arc and friends who will likely triple down on compliance/freezing to outcompete you hard to be half a gangster

Name & Symbol: AI Rig Complex ($arc)
Address: 61V8vBaqAGMpgDQi4JcAwo1dmBGHsyhzodcPqnEVpump

Aerodrome 🤝 Ethereum https://t.co/zHSDIwu8WC

Name & Symbol: Aerodrome ($AERO)
Address: 0x940181a94a35a4569e4529a3cdfb74e38fd98631

4 Year Trap ⚠️ Retail sells expecting the “4-year cycle” like clockwork. Wall Street quietly buys. Retail runs out of sell capital. Then price breaks ATH. The same people who sold panic-buy back in. Welcome to price discovery.

Name & Symbol: Aethir Token ($ATH)
Address: 0xbe0ed4138121ecfc5c0e56b40517da27e6c5226b

We’re continuously building core framework to drive on-chain growth and deliver real value. The Jovay Mainnet is now live — and we look forward to collaborating with more ecosystem partners to shape an open digital future. Builders are welcome to join us and explore the infinite possibilities ahead. #Jovay #RWA #Web3 #Layer2

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

I wish more ZK and FHE people would give their overhead as a ratio (time to compute in-cryptography vs time to compute raw), rather than just saying "we can do N ops per second" It's more hardware-independent, and it gives a very informative number: how much efficiency am I sacrificing by making my app cryptographic instead of trust-dependent? It's also often better for estimation because as a developer I *already know* how much time my computation takes to compute raw, so I can just multiply. (Yes, I know this is hard because the ops required are heterogeneous between executing and proving, especially around SIMD/parallelization and memory access patterns, so even a ratio is hardware-dependent to some extent, but even still I think overhead factor is a good number despite these imperfections)

Name & Symbol: Mind Network ($FHE)
Address: 0xd55c9fb62e176a8eb6968f32958fefdd0962727e

Now the Ethereum Foundation itself is parking their money on Morpho on @ethereum!

Name & Symbol: Morpho Token ($MORPHO)
Address: 0x58d97b57bb95320f9a05dc918aef65434969c2b2

0/ Today, the Ethereum Foundation deposited 2400 ETH and ~$6M stablecoins into Morpho’s yield-bearing vaults. Morpho is a pioneer in permissionless DeFi protocols and consistently demonstrates a commitment to Free/Libre Open Source Software (FLOSS) principles.

Name & Symbol: Morpho Token ($MORPHO)
Address: 0x58d97b57bb95320f9a05dc918aef65434969c2b2

🌐Jovay joins hands🤝 with @ethereum to build the next era of Layer 2. This is not just a step into the Ethereum ecosystem — it’s the beginning of a broader future.✨ Let’s build the next chapter together! #Ethereum #Layer2 #Jovay #RWA #Web3

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

SNX will do to ETH.. ..what ASTER did to BNB. Thank you for your attention.

Name & Symbol: Aster ($ASTER)
Address: 0x000ae314e2a2172a039b26378814c252734f556a

Few things I’m doing since the crash 1) basically nothing new 2) continue to hold most of my portfolio in spot ETH (60-70%) and BTC (15-20%) 3) stake / lend / LP ETH and BTC in blue chip DeFi like @aave, @0xfluid, @MorphoLabs, @ether_fi 4) hold spot in fundamentally strong alts with utility and fee revenue, that look like they can be category kings, like $ETHFI and $ENA and $FLUID among others, plenty of great examples nowadays 5) Earn predictable stablecoin yield with @pendle_fi, @maplefinance syrupUSDC, etc and loop when there are supported borrowing markets for the yield-bearing asset om proven platforms like @MorphoLabs and @GearboxProtocol TLDR: Hold spot in SoV like ETH, stake/lend ETH, and maximize stablecoin yield Simple 😇

Name & Symbol: Fluid ($FLUID)
Address: 0x6f40d4a6237c257fff2db00fa0510deeecd303eb

if you swapped ETH for XPL from ansem’s post you now lost 85% of your ETH

Name & Symbol: Plasma ($XPL)
Address: 0x405fbc9004d857903bfd6b3357792d71a50726b0

Abstract is Ethereum Arbitrum is Ethereum Aztec is Ethereum Base is Ethereum Immutable X is Ethereum Linea is Ethereum Mantle is Ethereum Metis is Ethereum Namechain is Ethereum Optimism is Ethereum Polygon is Ethereum Scroll is Ethereum Soneium is Ethereum Starknet is Ethereum Taiko is Ethereum Unichain is Ethereum Worldchain is Ethereum ZKsync is Ethereum Ethereum Chain is mainnet

Name & Symbol: Taiko Token ($TAIKO)
Address: 0x30c60b20c25b2810ca524810467a0c342294fc61

Here are the largest Ethereum Treasury companies ranked by number of ETH held - Blockworks $BMNR - 2,830,151 ETH $SBET - 839,135 ETH $ETHM - 495,362 ETH $BTBT - 121,252 ETH $ETHZ - 102,273 ETH $BTCS - 70,028 ETH $FGNX - 50,770 ETH $GAME - 15,732 ETH https://t.co/LrYMbTNz6u

Name & Symbol: GameBuild ($GAME)
Address: 0x825459139c897d769339f295e962396c4f9e4a4d

Lighter is the missing link in Ethereum DeFi Eco Ethereum is the engine of innovation in the DeFi space, having developed the largest DeFi primitives that everyone knows about today. Other networks are simply copying these primitives. But Ethereum has one clear problem: it still lacks a good PerpDEX. Whoever solves this problem will become one of the largest players in the entire Web3 market. Lighter is the closest to achieving this. ___________ Many teams tried to build a PerpDEX on the Ethereum network, but it was an impossible task. The most advanced was @dYdX , which developed its solution based on StarkEx. They held a dominant position for several years, but eventually migrated to Cosmos. And interestingly, after this migration, the project lost the battle for leadership in the PerpDEX sector. Another major project was @synthetix_io , which faced a governance crisis and was unable to overcome technical difficulties. Both projects were quite expensively valued, but they failed to address the key issues related to Ethereum's scalability and slowness. The entire ecosystem recognized this problem, and so PerpDEXs began migrating to L2s. First, it was GMX, but later came Hyperliquid, Avantis, Apex, and others. The Web3 community accepted the fact that it was impossible to build a fast and convenient PerpDEX on Ethereum. ____________ It was at this point that @vnovakovski and his team came forward and said it was possible using custom zk-circuits and new DB view. Ultimately, they were able to build Lighter, which functions like zk L2 but has a completely different communication format with L1, allowing Lighter to be called a native PerpDEX for Ethereum. Why Is This Important? Ethereum has always been the birthplace of all DeFi primitives. And now it has the final DeFi primitive, which will transform Ethereum into a fully-fledged financial platform that will replace the global financial system. Lighter is the final missing link (and the most difficult one) for Ethereum DeFi to become fully functional. Thanks to @Lighter_xyz , capital will begin to return to Ethereum, as it opens up new opportunities for DeFi strategies and vaults that were previously impossible. If you compare Binance eco and Ethereum Eco, Lighter is the exchange itself and the trading engine around which an ecosystem can be built. The difference with Hyperliquid is that this entire ecosystem has already been built. Lighter just needs to integrate into it to become the largest PerpDEX in the world.

Name & Symbol: Avantis ($AVNT)
Address: 0x696f9436b67233384889472cd7cd58a6fb5df4f1

Ethereum is for shipping. Here are 27 things the ecosystem launched, executed, and upgraded during the last few weeks. 0/ @OndoFinance launched Ondo Global Markets on @ethereum with 100+ tokenized U.S. stocks & ETFs. Having more traditional assets onchain means better liquidity, price discovery, and composability for builders. 1/ @PudgyPenguins launched the Pudgy Party mobile game app on iOS and Android, globally, expanding NFT IP to mainstream audiences. 2/ @AragonProject and @MetaLeX_Labs launched a new kind of onchain entity. BORGs are no-code, programmable legal entities that bridge the worlds of code & law. BORGs give onchain communities and DAOs new ways to interface with traditional legal structures. 3/ ChinaAMC, a major asset manager, launched on Ethereum. Institutional issuance on open standards increases liquidity and composability across the ecosystem. 4/ The Fusaka upgrade was successfully deployed to the Holesky testnet, marking the next milestone towards mainnet. Fusaka will support greater scale for Ethereum and L2s, while maintaining security and decentralization. 5/ @EthereumPhone started shipping dGEN1, a mobile device built on Ethereum. It features a built-in non-custodial wallet, a native light client, xmtp messaging and native signing, so paying, minting, and using dapps works out of the box. 6/ Stablecoin transfer volume on @ethereum surpassed $5T in Q3 '25, an all-time high. 7/ Layer 2 (L2) networks on Ethereum processed 25M transactions in a single day, an all-time high. 8/ Ethereum L2 @Worldcoin hit 16M verified users on their platform, an all-time high. 9/ Stablecoin supply on @Arbitrum One reached $9B, an all-time high. 10/ The @Aave protocol now holds more assets than the 36th largest bank in the United States. 11/ @Artblocks_io artists have raised a total of $50M+ from their work for charity. Showing how culture, transparency, and impact can be supported by open protocols. 12/ In partnership with @Securitize, @FGNexusio announced it will be the first NASDAQ-listed company to bring dividend-paying preferred equity $FGNXP fully onchain and on Ethereum. 13/ In collaboration with Ethereum L2 @Base and @Coinbase Ventures, @YCombinator announced ‘Request for Startups: Fintech 3.0’ to support the next era of finance onchain. 14/ @Gizatechxyz, in partnership with @Pendle_fi introduced Pulse, the first agent that autonomously optimizes your PT portfolio. 15/ @Celo mainnet executed the ‘Ice Cream’ hardfork, activating @EigenLayer’s EigenDA v2, reducing confirmation latency, improving performance, and paving the way for OP Succinct Lite integration. 16/ @AmericanExpress rolled out in-app passport stamps on @Base, giving travelers new ways to collect, own, and share their journeys. 17/ DeFi lending is actively rolling out on @Coinbase, powered by @MorphoLabs and @SteakhouseFi and running on @base. Coinbase users can lend their USDC and earn onchain, transparent, and trustless yields. 18/ @PrimeIntellect launched Reserved Instances, offering a way to pre-book guaranteed GPU capacity. Predictable compute offers faster ZK proving and onchain AI, pushing L2s toward real-time and safer apps. 19/ @YunfengGroup purchased 10,000 ETH as a ‘reserve asset’, strengthening network neutrality, and supporting the adoption of onchain finance in Asia. 20/ @OctantApp, in partnership with the @EthereumFndn Funding Coordination Team, selected 30 onchain creators to provide $1M in total funding to. The ecosystem will be able to vote on how funds are allocated. 21/ @Cloudflare launched x402 Foundation in partnership with @Coinbase, with support for x402 transactions. 22/ $1.3B was streamed onchain with @Superfluid_HQ, 2x what it was just ~1 year ago. 23/ @Safe hit 600M+ transactions, a milestone for self-sovereignty and programmable ownership. 24/ Ethereum saw ~$2.5B worth of tokenized gold, demonstrating that real-world assets (RWAs) are moving to Ethereum. 25/ In 9 months, @ether_fi Cash issued 11,280 cards and processed $38M across ~410k transactions. 26/ @Krakenfx announced that xStocks are coming to Ethereum via @xStocksFi, unlocking a new wave of opportunities for tokenized stocks and ETFs to be integrated across the network.

Name & Symbol: Safe Token ($SAFE)
Address: 0x5afe3855358e112b5647b952709e6165e1c1eeee

"The alternative is for everyone to use a neutral platform like Ethereum, one that’s not biased towards any corporation, country, or consortium. Ethereum has independent validators all over the world, Arc won’t. Ethereum doesn’t need to make money from stablecoins, Stripe will. Ethereum doesn’t have a “preferred” stablecoin, but Plasma does. Ethereum doesn’t care what different governments want, but corporations have to."

Name & Symbol: Plasma ($XPL)
Address: 0x405fbc9004d857903bfd6b3357792d71a50726b0

"The alternative is for everyone to use a neutral platform like Ethereum, one that’s not biased towards any corporation, country, or consortium. Ethereum has independent validators all over the world, Arc won’t. Ethereum doesn’t need to make money from stablecoins, Stripe will. Ethereum doesn’t have a “preferred” stablecoin, but Plasma does. Ethereum doesn’t care what different governments want, but corporations have to."

Name & Symbol: AI Rig Complex ($arc)
Address: 61V8vBaqAGMpgDQi4JcAwo1dmBGHsyhzodcPqnEVpump

RWAs are set to supercharge DeFi, but only with breakthrough standards. @Centrifuge led ERC-7540 to unlock async, composable RWA vaults. Next up: game-changing onchain KYC + asset tokens for a new era of permissioned DeFi. The future is here ⚒️

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

Looks like @base flipped @Plasma in TVL but you haven’t heard anything about it from the guys who were using this data 6-7 days ago to dump their bags bags on you https://t.co/1KODW1kvxV

Name & Symbol: Plasma ($XPL)
Address: 0x405fbc9004d857903bfd6b3357792d71a50726b0

When incentives run out on Plasma, where will the stablecoins go? You know the answer, say it loud and proud

Name & Symbol: Plasma ($XPL)
Address: 0x405fbc9004d857903bfd6b3357792d71a50726b0

SG Forge, @societegenerale's regulated digital asset arm, has selected Morpho to power lending and borrowing for its MiCA-compliant stablecoins, EURCV & USDCV. This is the beginning of an inevitable shift: banks are coming onchain and Morpho will be their universal backend. https://t.co/hoT0AJeFWa

Name & Symbol: Morpho Token ($MORPHO)
Address: 0x58d97b57bb95320f9a05dc918aef65434969c2b2

just got off a 13h flight with a broken screen that gave me ample time to contemplate my recent investing failures (missed hype, aster, plasma and got mostly shaken out of fartcoin) so i decided to just go back to what i know best stake eth and chill will i underperform a bunch of traders on this app? > probably will i outperform the average investor over the next 5-10 years? > definitely ethereum is a transformational piece of technology that is already redefining global finance and eth is the internet bond no one owns enough eth just stake eth and chill

Name & Symbol: Fartcoin ($Fartcoin)
Address: 9BB6NFEcjBCtnNLFko2FqVQBq8HHM13kCyYcdQbgpump

Ethereum is ready for AI, and we’re bringing builders together with live workshops led by colleagues and experts from the @ethereumfndn and Virtuals Protocol. Official Workshop Schedule (all at 3 PM GMT): • Sep 18 – Why Build on Ethereum (Ethereum Foundation) • Sep 24 – Inside ACP (Virtuals Protocol) • Sep 30 – Bootstrapping Trust & Distribution (ERC-8004) (Ethereum Foundation) • Oct 14 – Hackathon to Funding (Virtuals Protocol) Join the builder group for real-time updates and collaboration: 👉 https://t.co/gG5vT8lYEz Build on Ethereum. Launch on Virtuals. $100K in prizes for the most advanced AI agent deployments.

Name & Symbol: Virtuals Protocol ($VIRTUAL)
Address: 0x0b3e328455c4059eeb9e3f84b5543f74e24e7e1b

🚨 LATEST: Ethereum treasury company ETHZilla plans to raise $350M through convertible bonds to buy more $ETH and deploy funds into cash-flowing assets on Ethereum through L2 protocols and RWA tokenization. https://t.co/I8jJ5FMJiw

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

Tom Lee’s ETH thesis gets attacked here as "financially illiterate", but the critique itself is full of sleight-of-hand and half-truths. Let’s walk through it. (1) Stablecoin & RWA Adoption The argument against ETH here is that stablecoin and tokenized asset activity has exploded since 2020, yet Ethereum’s aggregate fees haven’t scaled in proportion. Therefore, supposedly, ETH doesn’t benefit. This is a bad faith framing. Why? Because stablecoin and RWA volumes didn’t "increase 100–1000x" off some baseline of meaningful size — they went from negligible in 2020 to over $1 trillion a month today, now making up the majority of Ethereum’s transaction volume. That baseline now isn’t trivial. If that figure grows another 100x — from $1T/month to $100T/month — that would mean stablecoins comprise essentially all onchain volume. Even if fees per transaction decline with efficiency gains, aggregate demand for Ethereum’s blockspace and second-order activity (DeFi, payments, ancillary financial services) explodes with it. Efficiency and growing demand can coexist, and usually correlate. The claim that "other chains with better BD teams" will capture the value also collapses under scrutiny. One of the examples given, Arbitrum, is not even a competitor in the sense implied — it’s a rollup that settles to Ethereum. Activity on Arbitrum is Ethereum activity. These so-called "front-end" chains deepen demand for Ethereum’s underlying ledger and its native asset, ETH, which acts as the whole system's Schelling point for collateral and money. (2) Digital Oil Comparison Kang says oil is a commodity and has traded in the same range for a century, so comparing ETH to oil isn’t bullish. But this misses the point. The comparison isn’t about price stability, it’s about market cap expansion. Oil’s aggregate market cap surged throughout the industrial revolution. The tokenization revolution is predicted in this analysis to do the same: as the global economy moves onchain, ETH is the resource that fuels it. Unlike oil, ETH supply is capped and programmatically scarce, so the market cap expansion translates into per-unit price growth. The comparable asset for market valuation prediction purposes here would be shares in the oil companies that provided the industrial revolution's petroleum, and not the oil itself. (3) Institutions Buying & Staking ETH The critique says: no banks have ETH on balance sheets yet, so they won’t. But this is premature. The stablecoin boom hasn’t even peaked, tokenization is barely underway, and institutions are already experimenting. Banks don’t "stock barrels of gasoline" either — but they spend billions securing the legal and political systems they depend on. ETH is the same: owning and staking ETH is a way to secure the infrastructure your business runs on. (4) ETH vs Financial Infrastructure Companies Kang mocks Lee’s suggestion that ETH could rival financial infra companies in value. But this radically understates the potential. The internet didn’t just replace newspapers; it enabled whole industries that didn’t exist before. Ethereum formalizes property rights and contracts in a cryptographic, universally enforceable way. That’s not just substitution — that’s system expansion. ETH, as universal collateral and native currency of this new system, isn’t merely "a financial infra company". If this predicted economy takes shame, it will be the hyper-capital binding an industry orders of magnitude larger than today’s entire traditional stack. (5) Technical Analysis Yes, ETH is in a multi-year range. Yes, charts can look bearish. But dismissing ETH on the basis of "it looks like crude oil" is myopic. Technicals reflect narratives; they don’t drive them. Narratives shift with structural adoption trends. And the structural forces here — stablecoins, tokenization, rollups — are all flowing into Ethereum’s gravity well.

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

The market cap for tokenised RWA’s is expected to 30x in the next decade Ethereum accounts for over 50% of the RWA market Every $1 of value on Ethereum has historically added $2 to ETH market cap You do the math

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

I don't know how TA works so I'm doing TA on @Etherealize_io's reports impact on ETH price and it looks promising with the ETH RWA report coming out today. https://t.co/5WTv8OdP0P

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

Why are based rollups the only future of Ethereum? 6 years after Ethereum unveiled its rollup-centric roadmap, the vision is largely working: transaction fees are down, throughput is higher, and the core security model has held firm. 1. However, interoperability has remained an unsolved challenge. As more rollups launch, more users, apps, and liquidity are split across isolated environments. Instead of one big Ethereum network, we get dozens of small islands. Bridges connect them, but they add latency, risk, and friction. This fragmentation is made worse by the fact that every rollup today runs its own centralized sequencer, the system that decides the order of transactions in a block, who gets in first, and also who captures profits from MEV. Because each sequencer operates independently, rollups run on different timelines. Apps on separate rollups can’t interact atomically, in the same block at the same time, which fractures liquidity and weakens composability. 2. Centralized sequencers made sense early on. They allowed teams to launch quickly by spinning up a server, reduced front-running through private orderflow, provided near-instant pre-confirmations for smooth UX, and offered operational flexibility. But these benefits came with trade-offs. • Sequencer downtime has taken entire rollups offline for hours. • A compromised sequencer could reorder transactions and drain millions. • They can’t scale in a neutral, decentralized way and causes a fragmentation problem. When you add it all up, centralized sequencers were a useful starting point, but they can’t take rollups where they need to go. 3. The next step is based rollups. Instead of operating its own sequencer, a based rollup uses Layer 1 (Ethereum, Celestia) validators for sequencing (ordering transactions). That’s why it’s called "based": its sequencing is tied directly to the base layer. This shift restores neutrality. No individual rollup team controls the flow of transactions. All rollups that are “based” share the same Ethereum-wide sequencing layer, meaning they can interact in the same block at the same time. The result is a unified network: • Liquidity stays concentrated rather than split across silos. • Composability is synchronous, so apps on different rollups can interact atomically. • Control is neutral, secured by Ethereum’s validators rather than a centralized server. 4. Which other problems do based rollups solve? • DeFi: Liquidity stays unified under Ethereum’s sequencing layer. Trades, loans, and liquidations happen on L2s but share the same base ordering, keeping markets deep and concentrated instead of splintered or lost to Solana. • Users: Rollup boundaries fade away. With shared deposit contracts and native L2-to-L2 transfers, assets move seamlessly across rollups — no need to route back through L1 or worry about “which chain” you’re on. • Developers: Composability returns. Apps on different rollups can interact atomically in the same block, enabling cross-rollup lending, trading, and complex strategies that centralized sequencers can’t support. 5. Aren't shared sequencers doing the same? Those 2 approaches solve fragmentation at very different scales. Rollup stacks like Arbitrum Orbiy, Optimism Superchain, and zkSync Elastic Chain are experimenting with shared sequencers that act as mini-hubs. So liquidity and users remain trapped inside that ecosystem cluster, rather than being shared across Ethereum as a whole. Based rollups go further. Instead of ecosystem-level hubs, they use Ethereum itself as the universal sequencer. That means, liquidity pools merge across all rollups. Shared sequencers reduce fragmentation locally, while based rollups solve it globally across the entire Ethereum network. 6. Ethereum basically became a sequencer, but how? For most of its history, Ethereum could only sequence its own transactions. Validators gathered transactions from the mempool, ordered them, and built blocks. If every rollup had dumped its transactions directly into that process, the result would have been chaos: conflicts, wasted blockspace, and failed transactions. The breakthrough came with Proposer–Builder Separation (PBS). Before PBS: Validators had to do everything, collect transactions, order them, and build the block. Adding rollup traffic would have been overwhelming. With PBS: The work is split. • Validators (proposers) simply sign blocks, while specialized builders do the heavy lifting. • Builders gather transactions (from Ethereum and based rollups), order them, and produce complete blocks. • Validators only sign the header of the most valuable block, without even needing to see its contents. From the validator’s perspective, nothing changed, but in practice, Ethereum became the neutral sequencer for every based rollup. 7. But who captures MEV in "based world"? MEV, the profit from ordering transactions, that once flowed to a centralized sequencer now goes into Ethereum’s PBS pipeline. Builders assemble profitable blocks, validators sign them, and the MEV is captured there, not by the rollup team. However, MEV doesn’t always stay with validators and builders. Other parts of the stack can capture it directly: • MEV-aware DEXs like CoWSwap or Uniswap v4 auction off arbitrage opportunities and return profits to liquidity providers. • Tools like MetaMask Protect or Rabby route transactions privately to builders, shielding users from front-running and sometimes redistributing part of the MEV. These mechanisms reduce harmful arbitrage, but MEV doesn’t disappear, it simply changes hands and form. 8. With new type of rollup, comes a new type of economics. This shift reframes the economics for rollups. Many hesitate to go “based” today because they capture MEV revenue through their centralized sequencers, front-running swaps or arbitraging prices across venues. But in the long run, the more durable revenue stream is execution fees, the toll users pay to run transactions on the rollup’s virtual machine. Let's show a hypothetical example: Rollup with its own sequencer (today): • Execution fees = $2M/month • MEV = $1M/month • Total = $3M/month Same rollup as a based rollup (future): • MEV → Ethereum validators = $0 • Execution fees (from unified network effects) = $10M/month • Total = $10M/month That’s the MEV Gambit: sacrifice the pawn (sequencer MEV) to win the bigger prize (much higher execution revenue). Based rollups avoid fighting over MEV and instead focus on scaling their execution layer. 9. Can Ethereum handle this capacity? The obvious question is: if every rollup plugs into Ethereum as its sequencer, can Ethereum L1 actually handle it? Right now, Ethereum runs on 12-second slots. Slot time is the real constraint. With 12-second slots, the UX feels slow. Research shows Ethereum could likely cut this to ~4 seconds without sacrificing decentralization, validators can still run on home internet or even Raspberry Pis. Trustless pre-confirmations are key for Ethereum to compete with centralized sequencers on speed. This system uses proposers who stake collateral and sign guarantees to include transactions, which can result in ~100 ms confirmations. This is significantly faster than the current block times and even faster than some "superchain" setups, providing speeds similar to internet latency. 10. However, this heavy workload is too much for home validators. APS (Attester Proposer Separation) splits the work to solve this: attesters verify and publish valid transactions, while proposers/builders construct blocks and manage pre-confirmations. Initially, this is done through gateways, but eventually, APS and enshrined PBS will enable Ethereum to natively provide fast, trustless pre-confirmations and shared sequencing. 11. Fabric: Building the Standards. Even with APS and PBS in place, there’s still the question of plumbing. Every based rollup team today has to reinvent APIs for pre-confs, tweak PBS pipelines, set up registries, and handle blob sharing. Left unchecked, this risks fragmenting into incompatible “mini standards.” @fabric_ethereum is the coordination effort to prevent that. It doesn’t launch a rollup or token. Instead, it delivers minimal open-source components, including: • Commitments API for pre-confs • Universal Registry Contract for sequencer accountability • Shared blob and bridging infrastructure Backed by teams like @taikoxyz, @Scroll_ZKP, @Optimism, @arbitrum, @base, @Spire_Labs, and more, Fabric is emerging as the schelling point for based rollup infrastructure — aligning teams on shared standards so the ecosystem scales together, not apart.

Name & Symbol: Taiko Token ($TAIKO)
Address: 0x30c60b20c25b2810ca524810467a0c342294fc61

With respect, it's a red flag that the analogy Circle's CTO made for why build an L1 was to AI compute and GPUs. Networks are literally defined by their network effects. That's the entire point. Comparing the network they're building to a phenomenon with zero network effects is a fundamental misunderstanding of what can make Arc successful. If the argument is "Circle will be the only one using the chain" then yeah I get it it's just about scale, throughput, customization etc. but even then L2s are faster and cheaper to run so just do that. I wish Arc and Circle well and would be happy to be proven wrong here, but I'm not seeing how this product strategy will play out.

Name & Symbol: AI Rig Complex ($arc)
Address: 61V8vBaqAGMpgDQi4JcAwo1dmBGHsyhzodcPqnEVpump

Don't fade the structural tightness and synergies between EVM, Ethereum, and ETH. There's no "great decoupling" going on, that's intellectually bankrupt. It's not supported by the theory or latest data. > First, issuer-backed assets have unique properties that make settling to Ethereum optional rather than essential ... when using USDT, your counterparty is Tether ... regardless of chain The fallacy of this argument is that when using just USDT, Tether is your counterparty, but when using thousands of RWAs in a thousand major protocols, the chain is very much your counterparty. > Second, issuer-backed assets don’t need mainnet for bridging, either This is like saying that a swap on L2 doesn't need mainnet, as if that's bearish, which it is not. Yes, the swap or mint/burn doesn't run explicitly through mainnet. However, the swap's settlement and sometimes DA run through mainnet. The more L2 activity of any kind that can occur without consuming mainnet resources, the greater eth's capacity to grow network effect density, and greater the value proposition of the whole L2 model. In terms of EVM, naturally EVM is a standalone set of technologies, much of it open source. At first order it may look like this is decoupling from eth. However, proliferation of EVM chains-- especially ones that fail to achieve anywhere near the L1's dominance, which is all of them-- represents the commodification of mainnet's complements and the maturation/market acceptance of eth's way of doing things. As well as of course reducing the market power of competing VMs and ecosystems. In sum, this article's thesis about the decoupling of Ethereum vs ETH vs EVM is mistaken: EVM remains the trojan horse for Ethereum and ETH. Eth L1 remains the dominant hub of the L2 ecosystem-- this is only strengthening-- and is not at threat of being bypassed. And ETH remains the SoV with utility underpinning the world's new economic system.

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e